CRA Tax Increment Financing Program

Tax Increment Financing from the CRA is available to owners/developers who are making improvements totaling a minimum of 50% of the current Assessed Value of their property within the Downtown CRA.  The program provides a reimbursement of tax increment over a five year period following the reassessment of the property based on the improvement.  Application for TIF must be made prior to any...
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LDDA Tax Increment Financing Program

The LDDA and the Lakeland CRA both offer TIF programs. Applicants that fall within the the LDDA boundary and Downtown CRA may apply for both SEE MAP.  Because the LDDA supports the Downtown Redevelopment Plan, The LDDA TIF requirements mirror those of the CRA’s for the Downtown district. Applicants can submit the CRA application documents to the LDDA for LDDA TIF consideration....
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Design Assistance Grant

DOWNTOWN DESIGN ASSISTANCE Transforming historic buildings into useable spaces for Downtown Lakeland. Downtown Design Assistance is intended to give property owners, developers or business owners access to professional technical assistance regarding site development and building and fire code compliance for existing properties with Downtown. A particular emphasis of this program is to bring...
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Interior Build-Out Assistance Program

$5,000 Matching Grant This program is designed to help encourage the establishment of new and the expansion of existing retail, restaurant, nightlife businesses within the LDDA district by assisting with the costs associated with the interior build-out of a commercial project in an existing building. The Interior Build-Out Assistance Program offers financial assistance in the form of a...
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Curb Appeal Assistance Program

This program is designed to help existing businesses within the LDDA district by assisting with the costs associated with curb appeal improvements. The Curb Appeal Assistance Program offers financial assistance in the form of a reimbursable grant to the landlord or business owner for eligible expenses associated with the improvements to the business’ curb appeal. Eligible Items: Awnings –...
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Commercial Façade Improvement Grant Program

The Commercial Façade Improvement Grant Program is designed to provide a financial incentive to help facilitate the exterior improvement of existing commercial properties within the LDDA District. Commercial property within the LDDA District may qualify for up to $10,000 of LDDA funding for approved exterior improvement projects that potentially contribute to the increase in taxable value. The...
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Food-Related Incentive Program

Food-Related Services Incentive Program Purpose: The Restaurant Incentive Program is intended to attract food-related service providers, restaurateurs and specialty food providers to relocate or establish another location in Downtown or help an existing food related business to expand services that will result in additional products/services and extended hours of operation. Program: The...
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