Dozens more small businesses in the Capitol Hill Historic District, near Union Station and close to the intersection of Benning and Bladensburg roads NE can now apply for capital improvement grants from the city.
The Office of the Deputy Mayor for Planning and Economic Development recently overhauled eligibility boundaries for entrepreneurs seeking grants of as much as $85,000 each.
The new boundaries for H Street NE Small Business Capital Improvement Grants run from roughly K Street NE to the north, 17th Street NE to the east, F Street NE to the south and 1st Street NE to the west. Prior to the new rules issued Nov. 17, eligible businesses had to be located on H Street NE between 3rd and 15th streets NE.
“The purpose of the grants is to support existing small businesses, attract new businesses, increase the District’s tax base, create new job opportunities for District residents, and transform the H Street NE corridor into a thriving and inviting neighborhood center,” a guide from DMPED says.
The grants reimburse business owners for build-outs, renovations, facade improvements and equipment upgrades. Full information is available on the office’s website.
Image via DC.gov