GRANTS PASS – At their regular meeting Feb. 19, the Grants Pass City Council adopted a resolution awarding PKT Property Management a façade renovation grant in the amount of $5,000, and a building renovation grant in an amount up to $50,000. The two grants will be used by building owner Patricia Thoman to create studio apartments out of 1,300 square feet on the second floor of her building at 115 and 117 SW “G” St. in the Central Business District.
Known as the Blind George’s Building, the structure was built in 1900. The grant will be used for a design build sprinkler system connecting a fire line from the city’s water main to the front corner of the building.
“As the owner of several rental properties in Grants Pass, I am very aware there is a huge need for affordable housing. With this being said, smaller units could really help fill this need,” said Thoman in her application.
Funding for the grant comes through the city’s Building Renovation Loan and Grant Program approved by the city council in 2017 with a budget of $240,684. Remaining unencumbered funds are approximately $83,000.
For additional information about this or other city economic development programs, contact Business Advocate Susan Seereiter, (541)450-6014, or visit the Business Funding & Incentive Programs page on the city website.
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