The Neighborhood Commercial Revitalization Program
administered by
the GHCDCseeks to create responsible business growth and expansion.
The program includes design assistance for commercial property owners or
tenants. Some of the funding has gone for the improvement of: business
facades, street trees, pedestrian
lighting and sidewalk replacement.
Included in the financial incentives offered to businesses in the NCR
district on the Hilltop are the: The Commercial Improvement Loan Fund
which offers non-interest bearing loans of up to $15,000 that are
matched by cash or a lender of the borrower's choice. There are also a
variety of interest free loans and grants for historic facade and
storefront renovation.
The GHCDC most recent development was the coordination of in-fill
housing at 99 Belvider
on the Hilltop. The house has 2000 square feet with a bath and a half.
This is the first new house in this neighborhood and promises to bring
new life to this Glenwood Park area. The house is unique in its
traditional appearance, blending in with the older homes surrounding it
and featuring a front porch and large yard that has made this
neighborhood desirable from its inception. This is just the first of
three homes the CDC plans to build as a method to provide affordable
housing while improving both neighborhoods and real estate values.
Job training and placement coordination is another crucial element of
economic development and is a part of the CDCs’ mission. Businesses
looking for West side employees are encouraged to contact the GHCDC at
614-276-0060. |