Mayor Reiman announces façade/exterior matching fund
with $102,626 federal grant
Commercial businesses throughout the Arts & Business District
of Washington and Roosevelt avenues are welcome to apply
CARTERET, NJ – Via the federal Community Development Block Grant, the borough will receive a $102,626 grant from the U.S. Department of Housing and Urban Development, Mayor Daniel J. Reiman announced.
The grant will be used to create a matching fund for façade and exterior improvements to downtown commercial buildings along Washington and Roosevelt avenues, Mayor Reiman said.
“The matching grant program will provide for commercial property exterior and façade improvements, particularly in regard to ADA accessibility, such as ramps, as well as abatement of asbestos hazards, lead-based paint hazard evaluation and reduction, and correction of code violations,” the Mayor said. “The grant will be awarded in $25,000 increments to offset the cost of projects with a minimum of $50,000 worth of CDBG-eligible improvements and a total project cost of $100,000 or more.”
Commercial businesses along Washington and Roosevelt avenues may apply for and obtain more information about the façade/exterior matching grant by contacting the Economic Development Office at 732-541-3835 or info@carteret.com.
Administered by HUD, the Community Development Block Grant provides annual grants on a formula basis to states, cities, and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons. The program is authorized under Title 1 of the Housing and Community Development Act of 1974.
The borough’s previous Community Development Block Grant of $101,626 will aide in the expansion of the Riverwalk to the north of Waterfront Park & Veterans Pier along the former DuPont site, which soon will be home to a movie studio, hotel, restaurants, and retail. Construction on the Northern Riverwalk began on April 10.
The 2021-22 block grant helped pay for streetscapes around the URSB Carteret Performing Arts Center to provide an esthetic musical design to the crosswalks, as well as ADA-compliant accessibility to the sidewalks.
Updates about the commercial building façade/exterior matching grant will be available at Carteret.net or by following @MyCarteret on Facebook, Instagram, and Twitter.