Market Lubbock Inc. (MLI) will provide grants to offset expenses related to improvements made to East-Side properties located within the East Lubbock Neighborhood Empowerment Zone as designated by the City of Lubbock, with the following guidelines:
- An Applicant must be a valid Owner or Tenant (Lessee) of the property needing improvements.
- Properties must fall within the attached map boundaries.
- Single-Family residences are excluded.
- All projects are subject to Market Lubbock Inc. Board, City Staff and Lubbock City Council approval.
- An Applicant is eligible to receive a permittable grant and/or façade grant per property (LCAD R# or Development Lot), per enterprise, per fiscal year. (Expenses used in one grant application cannot be used in another grant application.)
- Applicant is not eligible for grant program funding if delinquent in property taxes according to Lubbock Central Appraisal District (LCAD) records.
- MLI disbursements are characterized as “reimbursable grants”.
- Expenses eligible for reimbursement must relate to reasonable costs or expenses.
- Improvements must meet City of Lubbock Guidelines.
Grant Types
Permittable Projects (improvements requiring a construction permit)
- Request for grant must be made prior to submitting application to the City of Lubbock for construction permit (must include itemized bid proposals).
- Scope of Work must be approved by City Staff.
- Grant approval from the MLI Board and City Council is required.
- City permit must be obtained.
- Improvements must total a minimum of $5,000
- Improvements must be approved by the City following completion of the project.
- Once certificate of occupancy is awarded, copies of paid invoices & proof of payment related to real improvements to property must be submitted to MLI w/permit & Certificate of Occupancy.
- MLI will provide reimbursement grants of up to 10% of paid, approved invoices, not to exceed $50,000 or the stated construction permit amount.
- Total allocated grant fund for both types of grants in FY 2018-19 (Oct. 2018 thru Sep. 2019) is $250,000.
Façade Projects (improvements MAY OR MAY NOT require a permit)
- Request for grant must be made prior to start of construction (must include itemized bid proposals).
- Scope of Work must be approved by City Staff.
- Grant approval from the MLI Board and City Council is required.
- Improvements must be made to the exterior of the property.
- Once work is complete and design guidelines are determined to have been met, copies of paid invoices and proof of payment related to real improvements to the property and the City’s written verification of guidelines met must be submitted to MLI.
- MLI will provide reimbursement grants of no less than $500 and no more than $25,000 for up to 50% of paid, approved invoices.
- Total allocated grant fund for both types of grants in FY 2018-19 (Oct. 2018 thru Sep. 2019) is $250,000.
For more information: MLI Contact – Jorge Quirino 806-317-4777 / jorge.quirino@lubbockeda.org
