Working with the nonprofit community-based Brockton 21st Century Corporation, the Brockton Redevelopment Authority will provide funds to enable the issuance of short term, declining balance business loans for façade improvements in Brockton. Most funding requires matching funds invested by the business owner, and CDBG funds are available to a maximum $35,000. Larger investments may be made to upgrade key anchor business properties. All code violations must be corrected in businesses that participate in the Façade Improvement Program. The Brockton Redevelopment Authority will monitor the loans to ensure that at least one full time equivalent job has been created or retained for each $35,000 of CDBG funds advanced. To the greatest extent possible, the BRA will strive to leverage private investment in the form of equity or credit investments in these businesses.
Building owners may also qualify for a declining balance loan/grant of up to $5,000 to rehabilitate or replace existing building signage. With this program, there is no matching requirement. Building owners must elect either the matching or non matching program.
All work to facades or signage must be in compliance with the city sign ordinance and must be approved by the Façade Committee prior to beginning any work.