Note: The City of Paducah currently is not accepting new grant applications for the following Downtown Development Programs: Historic Downtown New Business, Upper Story Residential, and Façade/Beautification. Please check back later in 2020.
The City of Paducah has created an effective and exciting toolbox of programs through the Planning Department to encourage development, beautification, rehabilitation, and stabilization of the Historic Downtown Commercial District. Our goal is to encourage vibrant streets, increased residential density, and thriving businesses. The programs are as follows:
Assistance also is provided in completing state and federal applications for historic tax credits.
Through this application, artists can set up to sell or demonstrate their artwork. The areas that artists can use are the downtown gazebo at 2nd and Broadway and the Texaco Station Information Center at the corner of North 7th and Madison Streets.
Note: Please allow at least 24-48 hours for the processing of the application.
The purpose of the Historic Downtown New Business Grant Program is to provide for the creation of new businesses within Historic Downtown Paducah. The redevelopment of buildings is crucial to maintaining an economically strong Downtown Commercial District, a commercial area where the image, appearance, and environment encourage the attraction of shoppers. The intention is to provide financial resources to assist new business owners locating to Historic Downtown Paducah.
Historic Downtown New Business Grant Program Application (check back later in 2020)
Facade Grant Eligible Improvements
Funds are allotted each budget cycle for the stabilization and replacement of roofs in the Historic Downtown area. At specified times during the fiscal year, the City of Paducah requests applications for the purpose of roof replacement or roof stabilization in the Roof Stabilization Project Area.
To qualify for assistance under the Roof Stabilization Assistance Program (RSAP), an applicant shall submit a complete application; three bids from the list of qualified contractors; current photographs; and proof of financial ability from a qualified financial institution. The City of Paducah reserves the right to approve or deny any application. Grant awards will be given based on availability of funds.
Each grant will not exceed 50% of a project’s total roof stabilization costs or 50% of total funds allocated.
Applications will be ranked in accordance with the following criteria:
Roof Stabilization Assistance Program Application (due by noon on August 28, 2020)
Questions? Contact Business Development Specialist Kathryn Byers at 270-444-8690.
The Upper Story Residential Grant Program is designed to encourage upper story residential rental units in Paducah's Historic Downtown. Property owners/developers within a defined area in historic downtown will be eligible to apply for financial assistance to create new upper story living spaces in new or existing buildings. The grant shall not exceed 20 percent of the construction costs or a maximum of $15,000 per Upper Story Residential Rental Unit. For a residential owner-occupied unit, the grant is either 15 percent of the construction costs or a maximum of $15,000 per unit.
This program is through the City of Paducah Planning Department with the Urban Renewal & Community Development Agency (URCDA) overseeing the allocation of funds up to $60,000. For projects that exceed an allocation of $60,000, the project will be forwarded to the City Commission for approval.
To apply for the Upper Story Residential Grant Program, complete an application and submit the following items:
Upper Story Residential Grant Program Application (check back later in 2020)