COVID-19 Downtown Grant Program
Update: As of April 13, 2020 all funds for this program have been exhausted.
In response to the economic hardships small businesses are experiencing resulting from the COVID-19 pandemic, the Downtown Fond du Lac Partnership (DFP) has established the COVID-19 Business Support Program in an effort to retain jobs and stabilize local businesses.
The program is designed to offset the immediate emergency status of imminent business closures while business owners are awaiting larger lending approvals.
Downtown businesses that meet the criteria are eligible to apply for a grant up to $5,000. Due to the high volume of applications expected, and the limited funds available, this is a competitive grant with applications scored on the criteria within the application.
Building Improvement Grant
The Downtown Fond du Lac Partnership (DFP) has created various grant programs to incentivize and leverage investment in Downtown Fond du Lac. These programs are primarily funded through a special assessment paid by the property owners themselves. The DFP Board of Directors has an obligation to the 214 property owners to invest in good, stable and financially feasible projects, with an end goal to raise the property values of the entire district. The Building Improvement Grant (BIG) is designed to incentivize property owners to undertake exterior property improvements, which will lead to increased property value and a better utilization of properties within Downtown Fond du Lac.Administered by the Downtown Fond du Lac Partnership. Contact Amy Hansen at email@example.com for more information.
National Exchange Bank & Trust Downtown FDL Loan Program
For Downtown Fond du Lac Properties
National Exchange Bank and Trust is pleased to offer Downtown Fond du Lac property and business owners the opportunity to secure financing at below-market interest rates in order to improve business space or rehabilitate residential space for market-rate housing.
Downtown Property Design Renderings
Downtown property design renderings are available to building owners or tenants. The property must be located within the Downtown Business Improvement District. As a free service from the Wisconsin Main Street (WMS) Program the renderings can be used before a building is purchased or leased in order to show the renovation possibilities of the property. With owner/tenant input the architect on staff at the WMS will design a renovation rendering based on historic photos and current condition of the building. Administered by the Downtown Fond du Lac Partnership. Contact Amy Hansen at firstname.lastname@example.org for more information.
Downtown Facade Design Assistance Grant
This grant program is available for building owners in the Downtown Business Improvement District. The grant will provide up to $2,000 in funding to assist in the research and design of façade improvements. 25% of design costs (architectural and historical research costs) are reimbursed when the design is complete and approved by the City of Fond du Lac’s Downtown Architectural Review Board. 75% balance is reimbursed upon completion of the project. Administered by the City of Fond du Lac Community Development Department. Please contact Dyann Benson at email@example.com for more information.
Rental Rehabilitation Loan Program
Available to property owners. The loan program applies only to the residential units within a mixed-use building (no commercial rehabilitation). Maximum loan is $24,999 for the first unit and $5,000 for each additional unit. The building must have less than seven (7) units. The unit must be rented to low-and-moderate income persons. Rent limits apply. For example, a one bedroom unit cannot be rented for more than $490 per month (includes utilities). The loan is 0-4% interest, repayable over 15 years. Repayment starts within 6 months from the loan closing date.Administered by the City of Fond du Lac Community Development Department. Please contact Dyann Benson at firstname.lastname@example.org for more information.