Severna Park Voice Reports on New Revitalization Tandem Grant Announcement

February 14, 2023

Severna Park Voice reported on the joint announcement by Anne Arundel County Executive Steuart Pittman and AAEDC Interim CEO Jill Seamon that business and property owners in the county’s 11 revitalization districts who apply and are approved for an Arundel Community Reinvestment (ACR) loan for up to $100,000 can receive a grant equal to 25 percent of the loan amount for façade improvements:

Pittman, AAEDC Announce New Revitalization Tandem Grant Initiative

The article reported on what improvements are covered by the ACR tandem grant and what areas of the county are eligible for it, and included the following quotes from County Executive Pittman and Interim CEO Seamon:

“Small businesses and commercial property owners located in our older commercial corridors were impacted by the pandemic and had less resources to maintain their storefronts,” said County Executive Pittman. “This grant initiative not only helps support those businesses but it supports the beautification of our communities as a whole.” 

“The grant is a great addition to our revitalization toolbox, which currently includes the ACRF program, the county’s revitalization tax credit and a complimentary ‘architect-on-call’ service,” said AAEDC Interim CEO Jill Seamon. “All together these resources can help renew economic vibrancy and mitigate blight in our mature commercial districts.”

Read the full press release on the announcement here.

Learn more about the ACR Fund here.

 

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