The Spring Branch Management District (SBMD) is dedicated to fostering a vibrant, safe, and appealing community through its Business Improvement Grant (BIG) and Demolition Grant programs. These initiatives provide essential financial support to commercial property owners, helping to uplift the district’s appearance and safety standards, while reinforcing a sense of community.
Boards Intention Behind the Grant Programs
- To support and encourage the upkeep and revitalization of the district
- Increase the safety of commercial areas and stimulate more public interaction.
- Provide incentives to local businesses to elevate the look and feel of the community.
- Increase the marketability and occupancy rate of commercial buildings.
About the Business Improvement Grant Program
The Business Improvement Grant is a matching based program that reimburses commercial property owners or business operators for eligible improvements made to their properties. Grants available under this program are eligible for an amount up to 50 percent of the total expenses for qualified improvements, with a maximum reimbursement not to exceed $10,000.
About the Demolition Grant
The SBMD Board of Directors has also established the Demolition Grant program to support community revitalization. This program provides financial assistance for the demolition of unsafe, non-compliant, or unused structures, making way for new development or improvements.
Purpose of the Programs
- Enhance the commercial viability and sustainability of commercial properties in the district.
- Improve the physical appearance of businesses and visibly enhance the district’s commercial corridors.
- Aid in the retention and expansion of existing businesses.
Why Participate? By applying for the BIG program, you can receive financial aid for exterior upgrades to your property, attract more customers, and contribute to the overall appeal and economic vitality of the district.
1220 Blalock
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After
Check out more local businesses that have received grant funds for their property improvements.
Eligible Improvements
Eligible projects for the grant include:
- Exterior painting
- Parking lot upgrades
- Replacement of windows and doors
- Power washing, landscaping, and new signage
- Enhanced lighting
- Facade renovations
How to Apply for the BIG Program
- Download and complete the application form (PDF).
- Submit detailed estimates from contractors.
- Provide current photos showing the areas to be improved.
- Include any relevant details like color swatches or design plans.
- Submit your application to the SBMD office in person, by mail, or via email.
Approval and Review
The SBMD Economic Development Committee reviews all applications for eligibility and alignment with district goals. The full board provides final approval during their next scheduled meeting. Applicants typically receive notification of approval or denial within 2-4 weeks. Approved projects must start within 60 days and finish within six months.
Getting Reimbursed
After project completion:
- Submit copies of paid invoices, canceled checks, or credit card receipts.
- Provide high-quality “after” photographs of the completed work.
Upon verification and board approval, SBMD processes your reimbursement. You will also receive a banner to display at your business location for three months, be recognized on the SBMD website, e-newsletter, and social media platforms.
Program Budget and Availability
SBMD has allocated $200,000 for the combined BIG and Demolition programs. Funds are distributed on a first-come, first-served basis until the annual budgets are exhausted. Apply early to take advantage of these opportunities!
Take Action Now
Improve your business and contribute to the community by applying for the BIG or Demolition Program today. Program descriptions and applications are available on the Spring Branch Management District Website.
