How it gets done: Project-based Funding
State Funds ● WEDC grants ● WI Dept of Tourism JEM grants ● DNR Stewardship funds ● WHEDA loans ● SBDC programs Local Funds ● Revolving Loan Funds (RLFs)
Private Funds ● AARP Small Dollar Big Impact grant ● T Mobile Hometown grant ● Kiva ● Patronicity ● WI Arts Board grants
Main Street America Programs
How Do Main Street America Programs Use ABCD?
“Main Street America leads an inclusive, impact-driven movement dedicated to reenergizing and strengthening older and historic downtowns and neighborhood commercial districts nationwide.” The Four Point Approach: ● Design ● Promotion ● Economic Vitality ● Organization
Identifying and leveraging existing assets to drive economic revitalization such as:
● Historic Buildings ● Local Businesses ● Cultural Heritage ● Community Pride
Business Improvement District (BID)
What is a Business Improvement District (BID)? ● A BID is a geographically defined area in which property owners decide to pay an additional tax to fund improvements in the commercial corridor. Why Are They Important? ● Attracting and retaining businesses ● Supporting businesses through programming
How Do BID’s Support Main Streets?
● Funding ● Services ● Advocacy ● Collaboration
Central Wisconsin Report - Fall 2024
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