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The Village Board has approved a raise in the TIF district facade rebate program from a maximum of $15,000 per property to $30,000.
Other aspects of the revised amendment include allowing tenants to apply for grants with the property owner’s permission and making the program retroactive to previous recipients of the maximum grant award.
The rebate program is good for up to 30 percent of the construction costs, with maximum pay out of $30,000. Grants may be applied for every three years.
