DDA DocumentsDDA Improvement Program
last updated: 2007-12-21 22:57:05

Façade Improvement Program

May 20, 2002

The Paw Paw Downtown Development Authority (DDA) was created to promote and enhance the commercial core of the community, to preserve the public investment in this area and to improve the viability of businesses within the DDA District. To encourage business and property owners to improve and maintain building facades and recognizing the public nature of the facades in the District, the DDA has made available the following programs:

A. Paint only program. The DDA may match the property or business owner for the cost of paint and labor on a 50/50 basis up to $1,000 maximum. Paint colors must meet the general guidelines of the DDA for consistency in the District. All buildings in the District qualify for this program including residential homes. Purchase of paint from a business within the District qualifies the applicant for an additional 5% participation from the DDA above the guidelines previously stated.

B. Repair and Restoration. The DDA may provide up to 1/3 of the funding for a façade restoration project that may include work such as painting, window repair, replacement of siding, minor tuck pointing, brick replacement, etc. Projects must be approved by the Design and Presentation Committee for conformity with any approved design criteria and overall consistency with the character of the District. Maximum funding for projects would be $5,000. Purchase of materials or services from a business within the District qualifies the applicant for an additional 5% participation from the DDA above the program guidelines previously stated.C.

Façade Renovation. Upon approval from the Design and Presentation Committee, the DDA may loan up to $10,000 to a property or business owner for a project in excess of $15,000.Terms of the loan will be set to provide an incentive to the property or business owner and typical terms shall provide for an interest rate of 2% below prime, a 7 year amortization period. At the discretion of the Design and Presentation Committee, purchase of materials or services from a business within the District qualifies the applicant foe additional consideration in the terms of the loan, such as increasing the amortization period.

These programs are contingent upon availability of budgeted funds and will be awarded on a first come first served basis. The Downtown Development Authority reserves the right to revise or end these programs at any time and in no way guarantees availability of funding for any specific project or at any given time.

DDA Facade Improvement App
last updated: 2007-12-21 23:14:03

Village of Paw Paw
Downtown Development Authority

Property Address:___________________________________________

Property Owner:____________________________________________

Type of Work:______________________________________________

[ ] Paint Only (Match cost of paint on 50/50 basis up to $1,000.00 Maximum).

[ ] Repair and Restoration (provide up to 1/3 of the funding for façade restoration. Maximum funding per project is $5,000.00).

Façade Renovation (loan up to $10,000.00 on project in access of $15,000.00. Terms of repayment are 2% below prime interest, 7 year amortization).

*** All amounts are reimbursement, evidence must be provided showing expense has been paid.

Start Date: _____________________ Finish Date: _________________

Estimated Cost of Project (Please provide details):__________________

Amount of DDA Funding requested: $_______________

Signature of person requesting funds:___________________________

Date: ____________________________________________________

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For DDA Use Only

Application Approved: YES NO Date: ___________________________

Funding Amount Approved: $_________________ Grant Loan

Loan Terms: ______________________________________________________________

MEHS