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D.C. Mayor Muriel Bowser’s administration is offering new grants for businesses that open or expand in vacated downtown properties as part of an ongoing effort to bring life back to a major city corridor.

The $3 million in”downtown recovery grants” Bowser announced Monday aims to incentivize businesses to relocate or expand into downtown. The grant can cover construction, rent, and utilities. Up to five businesses are expected to each get between $200,000 to $3,000,000. To qualify, a business must lease a space that has been vacant for at least six months in the Downtown Business Improvement District or the Golden Triangle Business Improvement District, among other requirements including completing project by September 2025 and demonstrating how the project will drive foot traffic.

February 4, 2023

Black History: 8 Successful and Aspiring Black Communities Destroyed by White Neighbors

When the Civil War ended, African-Americans in Atlanta began entering the realm of politics, establishing businesses, and gaining notoriety as a social class. Increasing tensions between […]
February 3, 2023

Black History: The Historical Reason Behind the US Racial Wealth Gap

White Americans have amassed almost seven times more wealth than Black Americans since the end of the Civil War. In the decades since the modern civil […]

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