Tannersville Invites Property Owners to Explore Downtown Revitalization Fund

TANNERSVILLE — To fuel community growth and enhance the charm of its downtown area, the Village of Tannersville will host an informational meeting for the Downtown Revitalization Fund at Village Hall on February 12th from 5:30 to 6:30 p.m.

The Downtown Revitalization Fund (DRF), a cornerstone project funded through the Village’s 2022 Downtown Revitalization Initiative (DRI) grant award, is designed to breathe new life into the region by financing smaller projects within the DRI area. This initiative allows eligible applicants to secure funding ranging from $50,000 to $100,000 for commercial-only improvements. 

Additionally, residential unit upgrades can receive an extra $25,000 per unit, capped at a maximum of $150,000 per building.

Guiding the information session will be representatives from LaBella Associates, a seasoned consultant team handpicked to support the Village in administering the Downtown Revitalization Fund. LaBella Associates has a history of steering multiple communities through similar DRI small project funds, Restore NY projects, and NY Main Street projects. They will share their experiences with Tannersville property owners during the session.

The information session aims to provide a comprehensive overview of the DRF program, elucidate the rules and expectations, and draw insights from past projects. Property owners can engage with the LaBella team to seek clarification and advice on the projects they are considering.

Mayor David Schneider expressed his enthusiasm for kickstarting the Downtown Revitalization Fund process. “We are excited to start the Downtown Revitalization Fund process and to make these DRI resources available to smaller projects in the Village. This will spread the benefit and the positive impact throughout the Village and add to the momentum that the other DRI projects have created.”

To facilitate the application process, Downtown Revitalization Fund applications and the fund administration plan have been added to the Village’s DRI website. Property owners are encouraged to review the administration plan and complete the application before the meeting, as this will aid them in determining their project’s eligibility and readiness.

Interested property owners can visit Tannersville’s DRI website for more details on the application process, administration plan, and the broader DRI program. The deadline for submitting applications for Downtown Revitalization Fund projects is 4:00 p.m. on Friday, March 29th.