Naturally Lewis Awards $690,965 to Vacant Property Revitalization Projects
Industry Update
May 19, 2023
Source: romesentinel.com
Naturally Lewis, in partnership with Lewis County, created the Vacant Property Revitalization (VPR) Program to target vacant and potentially unsafe or blighted properties within downtown and surrounding areas to turn them into usable spaces for business development opportunities. The Lewis County Development Corporation (LCDC), through its round 1 application process, approved nine projects, granting a total of $690,965 in Vacant Property Revitalization Program funds.
The Vacant Property Revitalization Program will have immediate effects on our downtowns and surrounding areas, enhancing communities, driving business development, and attracting new residents and tourists. By focusing on bringing these buildings back to life, the community will see an increase in the property tax base, the creation of local construction jobs, future employment within businesses, and an enhanced quality of life.
“We are excited to empower our property and business owners through funding and staff support to help turn vacant, blighted and underutilized buildings into usable spaces that will lead to great economic and community impacts. Once all projects are complete, this program will have led to $7.7 million in total project investment across Lewis County,” stated Tim Petersen, chairman of the Lewis County Development Corporation Board of Directors.
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