SKOWHEGAN- Thousands of federal dollars may lead to a renaissance in downtown Skowhegan.
In December, business owners of historic buildings in Skowhegan’s downtown district can apply to potentially receive federal grants and loans to help rebuild their businesses.
There are two separate funds to chose between.
One is the historic commercial district revolving fund which values from $4000 to $10,000
The other fund is the historic revitalization subgrant program which is up to $100,000 in value.
“All of that funding is actually being sub-granted and administered through the Maine Downtown Center so our role in this project as Maine Street Skowhegan is to get the word out to our business owners so our business owners know that they are eligible to apply,” says Kristina Cannon, the executive director of Main Street Skowhegan.
The funds can be used for pre-construction work, exterior facade improvements and brick and mortar projects.
Matthew Dubois is the owner of The Bankery & Skowhegan Fleuriste, a bakery that’s located in a historic building that used to be a bank and he says he will apply for funding and sees the value of this opportunity.
“Hopefully these programs are going to infuse capital into our streets and our downtown so that people that may not have had the opportunity or had the resources to do some improvements are able to do so,” Dubois says.
Cannon says the funds give the business owners the chance to spruce up their properties to historic standards and hopefully it will encourage them to make investments within the city.
“Having a revitalized town, in general, is really important to economic impact opportunities for the future. Having our buildings look nice will result in a generation of income for our business owners,” Cannon says.
Go to Main Street Skowhegan to learn more information.