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Riverfront Downtown Capital Improvement Grant Program
Urban renewal grants for capital improvements that enhance Salem’s Riverfront Downtown area.
About this program
The Riverfront Downtown Urban Renewal Area Capital Improvement Grant Program provides funding options to encourage creative and flexible approaches to enhance the Riverfront Downtown area. Eligible improvements can include new construction, historic preservation, and business expansion projects that promote economic growth and preserve downtown character.
Eligibility
Property owners, businesses, and developers with eligible capital improvement projects in Salem’s Riverfront Downtown Urban Renewal Area.
Requirements
- Confirm project is located in the Riverfront Downtown Urban Renewal Area
- Submit project scope, budget, site information, matching funds, and improvement details
- Receive approval and comply with grant agreement, reimbursement, and reporting requirements