OpenPrivate programOpen to for-profit businesses

National Grid Main Street Revitalization Program (Upstate New York)

National GridNo deadline listed$25,000 – $500,000

Summary

Municipalities, nonprofit development groups and property owners or developers in National Grid's upstate New York territory can get matching grants ($25,000 up to $500,000, scaled to project size) to rehab vacant downtown and main street buildings that create jobs. Open on a continual basis.

About this grant

National Grid's Main Street Revitalization Program gives matching grants to municipalities, nonprofit and development corporations, and property owners or developers (with municipal endorsement) to rehabilitate vacant commercial, industrial or mixed-use buildings in downtowns and commercial corridors of its upstate New York territory. Grant caps scale with total capital investment, from $25,000 for $50,000-$250,000 projects up to $500,000 for projects above $25 million. Grants are available on a continual basis until funds run out.

Who can apply

  • State and local governments
  • Nonprofits
  • For-profit companies
  • Small businesses

A municipality or its authorized development corporation; a 501(c)(3), (c)(4) or (c)(6) working with the municipality, IDA or LDC; or the owner or developer of the site with the municipality's endorsement

Project receives National Grid electric or gas service on a commercial rate in the upstate New York territory, in a central business district or commercial corridor with underutilized utility infrastructure

Building must be at least 90% vacant (or in a targeted area where at least half of commercial buildings are fully vacant) and the project must show private-sector job creation or retention

Must be a National Grid customer in good standing (current on payments or on a deferred payment agreement)

Not for civic facilities such as libraries, sports complexes or public buildings

Topics and uses of funds

Topics

  • Economic development
  • Community development

Money can be used for

  • Capital projects
  • Predevelopment

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