Small Projects Fund Application
The Town of Ticonderoga was awarded $600,000 through the Downtown Revitalization Initiative (DRI) to create the Small Projects Fund administered by North Country Rural Development. Property owners, business owners, entrepreneurs and non-profit organizations are eligible to apply for funds for interior and exterior building improvements, site upgrades and enhancements, and changes or upgrades to businesses. Projects must be located within the designated DRI target area and be a transformative improvement to the downtown area. This is a competitive grant program and the purpose of this application is to collect the information necessary to determine whether a proposed project: (1) has the potential to be transformative,(2) can meet minimum state and local program requirements, and(3) scores high enough compared to other proposed projects to be awarded funding. It is the responsibility of the applicant to provide accurate and complete information with this application. APPLICATION DEADLINE: MAY 5, 2025.
Applicant Details:
Business Name
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Applicant Name
*
First Name
Last Name
Applicant Address
*
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
Applicant Phone Number
*
Applicant E-mail
*
example@example.com
Do you rent or own the building?
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Rent
Own
Do you have a plan to purchase the building or do you have the owner's permission to do a renovation project? Please explain:
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Owner Name
*
Owner Address
*
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
Owner Phone
*
Owner Email
*
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Property Address
*
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
Current Building Uses
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Residential
Commerical
# Units
# Units Vacant
Project Description
Instructions: Describe in detail the following: (1) the current condition of the building, (2) existing uses of the building, including names and types of businesses, (3) the total scope of the proposed project, including descriptions of each major component, and (4) what project component(s) grant funding would be used for. Attach additional sheets as necessary.
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Project Budget
Instructions: List each major work component described in the Project Description and provide an estimated cost for each. Provide an estimated cost for exterior work and interior work and an overall total project cost. The grant request cannot exceed $100,000 per building. A 25% cash match is required to receive any funds.
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Work Component
Estimated Cost
Interior
Exterior
Total Project Cost
Grant Request
Applicant Match (25% cash match required)
Have you obtained professional cost estimates? (Required)
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Yes
No
Taxes and Utilities
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Yes
No
Unsure
Are Village, County and Town Taxes Current?
Are School Taxes Current?
Are Water/Sewer Bills Current?
Explanation
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Attachments
*
Attached?
Current photo of building and photos of areas to be renovated (Required)
Commitment Letter [template attached] (Required)
Project description (Required)
Evidence of committed funds [bank statements, grant awards from local state agencies, loan commitment letters] (Required)
Written authorization from property owner if the owner is not the applicant (Required)
A letter of reference displaying community involvement (Required)
A letter of reference from local codes office (Required)
Photo of building and photos of areas to be renovated
*
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Commitment Letter Template
Commitment Letter
*
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Signed SPF Guidelines
*
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Evidence of committed funds [bank statements, grant awards from local state agencies, loan commitment letters]
*
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Written authorization from property owner if the owner is not the applicant
*
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Letter of reference displaying community involvement
*
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Letter of reference from local codes office
*
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Professional Estimates
*
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Acknowledgments
I understand that a codes inspection will be performed at all properties that submit an application to ensure that the project description is complete before submitting the application to the project review committee.
The grant will only fund a maximum of 75% of the total project cost. There is a 25% owner match requirement.
Projects will be scored and awarded funding by the project review committee. The committee reserves the right to make grant awards that are less than the amount requested.
If I am awarded funds, I understand that NRDC is required to report and make available to the public information about my project, including photos, name, address and grant award amount.
Renovation projects must undergo an environmental review and clearance of work scope by the State Historic Preservation Office.
The project must conform to local zoning regulations, design guidelines, and the NYS Building Code.
Renovation projects must have at least two bids for each phase of work and reimbursement will be based on the lowest responsible bid. Owners cannot perform their own work.
I understand that only qualified contractors selected by a standard procurement procedure can work on my project. There will be no reimbursement for purchase of materials, labor, or contractors not procured through NRDC.
Participants must execute a Property Maintenance Declaration agreeing to maintain assisted improvements for five years following project completion. The declaration will be filed with the County. If the property is to be sold during the five year regulatory period all or part of the grant funds may need to be repaid.
I acknowledge that a lien will be placed on the property for a term of 5 years, depending on the funding source(s). I understand that the NRDC may make a yearly inspection of the building for each year during the term of the lien.
Participants will be reimbursed for eligible project expenses only following satisfactory completion of an approved scope of work and submittal of required documentation. I will provide NRDC with invoices acceptable to NYS as well as proof of payment, such as bank statements or canceled checks, to demonstrate costs actually incurred and paid.
The completed construction project must receive a Certificate of Occupancy or Certificate of Compliance from Code Enforcement.
I am current with all mortgage payments, property taxes and utility payments.
I understand that I am required to submit a refundable commitment fee of $1,500. I understand that this fee will only be refunded upon successful completion of my approved project.
Certification
I hereby certify that all information, which has been or will be furnished in support of this application, is given for the purpose of obtaining funds through the DRI Small Projects Fund and that all information submitted has been examined and approved by me and is true, correct, and complete. I understand that this information will be used to assess and rank my proposed project in accordance with funding criteria. I agree to abide by all requirements to be set forth in connection with said program and the penalties and provisions of all applicable local, state, and federal laws pertaining to falsification of any item contained herein or fraudulent misrepresentation of my business. I understand that this is a competitive award program and that my project may not be awarded funding. I agree that verification of any information contained herein may be obtained.
Signature
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