Incentives

This grant provides 80% of a façade project for a grant up to $7,500; or in the Historic Northwest, provides 80% of project costs for a grant up to $75,000. Typical improvements include paint, stucco, awnings, lighting, landscaping, parking lot improvements and architectural enhancements.

The CRA may assist with relocation and development of certain uses to allow for a more desirable or upgraded use. This program provides the incentives necessary for redevelopment, including tenant relocation, acquisition, build-out and rehabilitation or renovation of existing properties.

This program is designed to offer incentives to projects over $5 million in the form of land mark down, infrastructure improvements, Tax Increment Financing or any other type of incentive for development of large scale projects.

Developers of residential projects investing up to $5 million may be eligible for development assistance.

For commercial or mixed-use projects up to $5 million, developers may be eligible for up to 50% of the cost of streetscape improvements.

Based on a formula that considers the amount of tax increment generated from each project, commercial and mixed-use projects up to $5 million may be eligible for development assistance.

For more information or to request an application for incentive programs within the Downtown/City Center CRA District, email Genia Baker at gbaker@wpb.org or call 561-822-1437.

This grant provides 90% of a façade project up to $7,500 for smaller project improvements such as exterior paint, landscaping, awnings, lighting and signage.

This grant provides 85% of a contributing structure rehabilitation project up to $75,000 in the historic Northwest district.

The Program is available to restaurant and retail businesses that have been located in the Northwest Target Area for three (3) years or more. The CRA will provide a grant of up to $15,000 per business inclusive of a consultant’s time for training and for minor aesthetic improvements to the interior of a business.

This program seeks to promote the improvement of single-family, homesteaded residential properties in the Historic Northwest. Approximately $20,000 per property incentive may be available for exterior improvements. The improvements may include exterior painting, driveway repair, landscaping or irrigation.

This program provides solar, motion detected security lighting (up to 2 per residence) for single family and multi-family homes within the Historic Northwest District.

This program is an opportunity for businesses located in the Historic Northwest District to request assistance with minor cosmetic improvements such as painting, lighting, and signage. The CRA will provide funding in an amount not to exceed qualifying project costs up to $3,500.

This program seeks to assist future business development and recruitment. The goal is to work with private property owners that currently have surface parking lots, and to improve those lots in exchange for permission to allow public parking on the Tamarind Avenue and Rosemary Avenue commercial corridors. Improvements may include landscaping, irrigation, lighting, paving and striping as required by the City of West Palm Beach code.

This program provides financial assistance with grand openings for businesses within the Historic Northwest District in the amount of $500.

For more information or to request an application for incentive programs within the Downtown/City Center CRA District, email Genia Baker at gbaker@wpb.org or call 561-822-1437.

This grant is available to businesses for aesthetic improvements to the exterior of a commercial buildings and site. The grant provides 80% of the project cost up to a maximum CRA grant of $10,000.

Primarily for large scale development projects greater than $5 million, this incentive can be utilized in the form of land mark-down, infrastructure improvements, Tax Increment Financing or similar type of assistance. Each project is negotiated on an individual basis based on a gap in a development pro forma.

Based on a formula that considers the amount of tax increment generated from each project, commercial and mixed-use projects up to $5 million may be eligible for funding for interior and exterior improvements to the property or structure.

Development projects costing up to $5 million can be eligible for funds for streetscape improvements. Depending on the scope of the project, up to 50% of the cost of the streetscape construction within the public right-of-way may be funded.

The CRA may assist with relocation and development of certain uses to allow for a more desirable or upgraded use. This program provides the incentives necessary for redevelopment including tenant relocation, acquisition, build out and rehabilitation or renovation of existing properties.

Developers of new construction of for-sale/for rent residential projects investing up to $5 million may be eligible for development assistance. Based on a formula, projects may qualify for a $5,000 per unit incentive. An additional $5,000 incentive may be provided for each affordable unit set aside with a maximum number of units not to exceed 25% of the overall project.

This program is an opportunity for business located along Broadway, North Dixie Hwy. and in Northwood Village to request assistance with minor cosmetic improvements such as painting, lighting, landscaping and signage. The CRA will provide funding in an amount not to exceed qualifying project costs up to $3,500.

This program is created to provide curb appeal to single-family and multi-family properties in disrepair in the Northwood Village/Pleasant City CRA District. The proposed improvements may include pressure cleaning, painting, minor façade repairs, landscaping, awnings, driveways and/or parking lot sealing, irrigation systems, exterior lighting and fence repair or removal. The CRA will provide 100% of the project cost on owner occupied single-family structures and 100% of the project cost on non-owner occupied single-family or multi-family structures up to $20,000 per property for exterior improvements.

This program provides financial assistance with grand openings for businesses within the Northwood CRA.

For more information or to request an application for incentive programs within the Northwood/Pleasant City CRA District, fill out the form below.

For more information or to request an application for incentive programs within the Northwood/Pleasant City CRA District, email Kelsey King at kking@wpb.org or call 561-822-1551.