City to offer grants to businesses as part of downtown revitalization efforts

Nearly $3 million has been set aside as the city of Albuquerque explores ways to boost revitalization efforts in the Downtown area.

About $500,000 in American Rescue Plant Act grant money is available for businesses that occupy vacant, street-level property. The grants can also apply to businesses that expand upon a Downtown storefront footprint by at least 50% and for those that can demonstrate their business will attract customers between 5 p.m. and 10 p.m. at least four days a week.

Requirements…

Source: The Business Journal