Address:
Eligible Projects in designated commercial areas within CD9, Chinatown and Little Tokyo project areas.
Description:
The programs provide grants and matching conditional loans to tenants of occupied and unoccupied commercial spaces to rehabilitate existing buildings. The Commercial Improvement Program helps improve the physical appearance of individual businesses and commercial buildings. The Facade Improvement Program offers loans from $25,000 up to $125,000. Additional grants for architectural assistance in certain project areas may also be available. Building rehabilitation, including expansion of existing structures or new construction, is another offering.
Purpose:
The primary goal is to address blighted physical conditions in order to retain and expand commercial businesses; attract lucrative private sector investment in the retail, cultural and entertainment arenas; and increase economic development.
Contact:
For more information about this program, please contact:
Chinatown & Little Tokyo: Martha Estrada at (213) 922-7810 or e-mail @ mestrada@cra.lacity.org
Council District 9: Jacqueline Escobedo at (213) 922-7809 or e-mail @ jescobedo@cra.lacity.org