How to Get Money For Your H Street NE Business
D.C. has just unveiled the application for a grant program that gives money to new or existing retail businesses along the H Street NE corridor. There’s about $1.25 million available for the program, and the first wave of applications is due by Oct. 26.
As we’ve noted before, the program is intended to boost retail along the commercial strip, which has seen a wave of gentrification. Many new bars and restaurants have opened up shop while daytime foot traffic has been minimal.
Longtime businesses can apply to the grant, as long as the money isn’t for liquor stores, barbershops, hair salons, phone stores, bars or restaurants. Eligible businesses include stores selling home furnishings, clothes, groceries, books, art or “general merchandise goods,” with special consideration to those with “innovative retail elements.” There are other stipulations in the application, which can be seen below: