City Financial Resources

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As defined by City ordinance, the Economic and Community Development Commission (ECDC) serves as an advisory body to the Common Council. The Commission shall oversee the administration of the City’s Business Assistance Programs and address issues common to the City’s economic vitality and viability.

The ECDC will negotiate the level of Tax Increment Financing (TIF) development incentive needed in accordance with the provisions of City ordinance and other relevant City policies. In accordance with Wis. Statutes, Common Council shall have final approval authority of all TIF-related agreements.

Elevate Downtown Facade Improvement Grant Program

The mission of this façade restoration program is to provide grants to downtown property owners for revitalizing the exteriors of their buildings. Properties must be located within the downtown district.

Architectural & Engineering Analysis (A&E) Program

The A&E Program provides funding for building owners to assess a building’s structural and mechanical conditions and to highlight any building code issues. A Pro Forma is also required as part of the project. The applicant hires an architect of their choosing to conduct the analysis and the City pays 80% of the cost of the study. The applicant must have written approval to use the program and verification of funds available must be completed before proceeding with A&E.

A&E Program Guidelines and Application

Upper Floor Renovation Loan (UFRL) Program

The UFRL encourages investments to develop underutilized upper floors. Funds may be used for interior renovations, elevators and other related enhancements to make these floors economically viable. Maximum loan limit is $200,000. 

Northside Facade Improvement Grant Program

The mission of this façade restoration program is to provide incentives to property and business owners for revitalizing the exteriors of their buildings. This grant is subject to the availability of funding. 

Tax Increment Financing Assistance