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There are 10 different categories of improvements that are eligible for consideration as part of this grant program. These include –
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This program provides matching grants to reimburse commercial property owners or business operators for Eligible Enhancements made to their properties.
Any commercial business in the City of Saginaw that is looking to enhance their existing site visually, or in ways that increase the viability of the property for business use. This includes uses allowed in the zoning classifications: Community Commercial, Neighborhood Commercial, Office Professional, Light Industrial, Heavy Industrial, and within Planned Developments.
The potential matching grant for each category of property improvements is EITHER 50% of the total cost of the enhancement, OR $5,000- whichever is the lesser amount of the two.
This means that if Company A submits an application for assistance on a $500 landscape improvement to their property, the most the City will match is 50% of that amount, or $250.
If Company B submits an application for assistance on a $15,000 façade improvement to their property, the most the City will match is $5,000, since 50% of $15,000 is over $5,000.
If Company C submits an application for assistance on BOTH a $500 landscape improvement AND an $15,000 façade improvement, the City can match up to $5,250 (50% of $500 + $5,000). In this scenario, because the landscaping improvements and façade improvements are in different categories of Eligible Enhancements, the two requests can be considered independently.
Please note that grant payments will be provided only as REBATES for improvements. Payments will not be paid up front, prior to construction, and will require invoice and payment verification.
If you are a business owner that would like to apply for assistance through the BIG Program but you do not own your building, you just need to provide a copy of your lease agreement and support from the property owner with your application submission.
The BIG Program is for commercial properties ONLY in the City of Saginaw.
First, read over the BIG Program Policy (click here) and then complete a DIGITAL Application (click here) or a PDF Application (click here) and email to:
Director of Community & Economic Development, Keith C. Rinehart at firstname.lastname@example.org. You can also call 817.230.0331 to speak directly with the Economic Development Office about the program, find out if your proposed improvement may be eligible for consideration, or with any questions or comments!
Please provide the following with your application form:
Once the Application (click here) has been received and vetted for completeness, the Economic Development Office will prepare an impact analysis for the improvement(s) to present to City Council. The City Council will meet in Closed Session (private) following their next scheduled Regular Meeting to discuss the request and determine whether they would like to approve a grant or not. The Economic Development Office will contact the applicant to provide a response and to proceed with drafting an agreement for both parties to sign. This process can take an average of 2 – 4 weeks and should be completed prior to the start of any construction or enhancement on the Property.
All grant applications shall be considered and negotiated on a case-by-case basis. Specific consideration will be given to projects which further the goals and objectives of the community or are located in areas of preferred improvement; namely along major transportation corridors. Nothing within the BIG Program Policy, nor any previously-issued agreement shall imply or suggest that the City is under any obligation to provide financial incentives at any time to any applicant.
Contact the Economic Development Office directly at 817.230.0331 or by email at KRinehart@saginawtx.org with any questions regarding the BIG Program.