Skip to main content

Franklin County Main Street Program

The Franklin County Local Development Corporation has been awarded $500,000 through the New York Main Street Program to assist building owners in Downtown Saranac Lake and Tupper Lake’s Park Street commercial district with costs associated with undertaking building renovations. Projects must be located in designated target areas, comply with design guidelines for the community and must be transformative.

 

Quick Facts

  • -Eligible renovations include facade renovations and restorations, the creation or renovation of commercial space, and the creation of new residential units.
  • -NYMS funds may not be used for site work or ancillary activities on a property including but not limited to: septic systems/laterals, grading, parking lots, sidewalks, patios, decks, garages, sheds, landscaping, fences, free standing signs, general maintenance or repairs.
  • -Projects will be selected through a competitive process and will be scored based on criteria related to visual impact, commercial impact, residential impact, and readiness.
  • -Renovations must meet local design guidelines and standards, the NYS Building Code, and, NYS historic preservation standards.
  • -Renovation work cannot commence until the owner executes a contract with the LDC and pays the $500 commitment fee. All work must be completed by October 31, 2020.
  • -Improvements must be maintained for 5 years.
  • -Only property owners current with all property taxes, utility payments and fees are eligible to apply.
  • -The maximum funding assistance for a building renovation is $50,000 plus an additional $25,000 per residential unit created up to $50,000. Grant requests cannot exceed 75% of the total project cost.

 

Timeline

February 27,  2019               Applications available

April 8, 2019                         Deadline to apply

April 2019                              Awards announced

April 26, 2019                       Deadline to execute contract

August 31, 2019                   Deadline to complete project development phase

June 1, 2020                          Deadline to start renovations

October 31, 2020                 Deadline to complete renovations

 

Contact

Jeremy Evans, AICP

Chief Executive Officer

(518) 483-9472

jevans@franklinida.org