The NW 7th Avenue Community Redevelopment Agency (CRA) grant program, the Area Improvement and Redevelopment Grants Program (AIRGP), is designed to foster economic growth, improve the quality of life, and revitalize the historic N.W. 7th Avenue Corridor in Miami, Florida. These grant programs provide financial assistance to businesses and property owners to support development projects that enhance the area’s commercial, residential, and cultural assets. By offering funding for everything from façade improvements and infrastructure upgrades to small business support, the N.W. 7th Avenue CRA aims to strengthen the community and local businesses, create jobs, remove blight and stimulate investment, all while preserving the rich heritage of the neighborhood.
The Agency’s grant funding is reimbursement-based and contingent upon the availability of funding in the Agency’s budget. The primary goal of the grant programs is to create positive change within the area through improvements of businesses, infrastructure and structures. Preference for funding will be awarded on a first-come, first-served basis and will be provided to applicants who can demonstrate that funding will:
- Help eliminate or reduce blighted conditions;
- Help businesses expand sales revenue, improve competitiveness or enter new markets;
- Create additional affordable housing units within the boundaries of the Redevelopment Area;
- Provide new or expand services deemed needed for low- and very low-income persons in the Redevelopment Area; and/or
- Be used to leverage other funds to expand or increase the overall size of the project proposed by the applicant.
NW 7th Avenue CRA Grant Programs and Application
Business Attraction and Expansion Grant Program (BAEG)
The Business Attraction and Expansion Grant Program (BAEG) was developed to attract new organizations to the Redevelopment Area. This grant provides up to $100,000 toward specifically defined and approved costs that are related to relocation and attraction of businesses into the Redevelopment Area. This program is intended for businesses previously not located within the CRA boundaries or those businesses interested in expanding their businesses footprint. Applicants must be able to provide a 50% match to be eligible for funding under this grant.
Revitalization & Rehabilitation Grant Program (RRG)The Revitalization and Rehabilitation Grant Program (RRG) was developed to provide support for established businesses. This grant provides up to $75,000 for the cost of interior and exterior improvements to property owners and businesses. Applicants must be able to provide a 25% match to be eligible for funding under this grant. Approved applicants may receive matching funds up to 75% of the project cost, not exceeding $75,000.
Small Business Technology & Innovation Grant Program (SBTIG)The Small Business Technology and Innovation Grant Program (SBTIG) is designed to support organizations within the Redevelopment Area; providing funding for technology upgrades aimed at enhancing operational efficiency and capacity. This grant program offers financial assistance of up to $10,000 to eligible businesses for the purchase and implementation of technology-related equipment and services. Approval for this grant does not disqualify the business from participating in other programs offered by the Agency.
