CRA Programs & Incentives
The Stuart Community Redevelopment Agency (CRA) offers a variety of incentive programs designed to bolster redevelopment in the Stuart Community Redevelopment Area (Stuart CRA). The objective of the incentives is to attract private investment, encourage economic growth, job creation, and enhance the quality of life for citizens within the Stuart CRA. Incentives are available to assist property owners, developers, and businesses with new construction projects or to make improvements on existing non-residential and mixed-use projects. Incentives for exterior home improvements are also available. Click here to learn more.
Please note that all benefits are contingent upon funding availability and CRA/City of Stuart Board approval.
BUSINESS IMPROVEMENT GRANT PROGRAM
The Business Improvement Reimbursement Grant Program is an incentive program to assist commercial property owners with exterior façade improvements in the Stuart CRA. The program provides a reimbursement of 50% of the total project costs up to $10,000. Exterior improvements include, but are not limited to; new awnings, balconies, porches, entryways, arcades; replacement of pole signs; exterior wall repair; restoring or enhancing the façade elevation; parking lots, driveways, walkways, and streetscaping. The application period starts on October 1st. Funding is subject to availability and approval by the CRB and CRA Boards. Please contact the CRA Administrator for the application deadline as it may vary. Apply now!
MURAL MATCHING GRANT PROGRAM
The Mural Matching Grant Program provides financial assistance to create murals on an exterior wall that is visible from the public right of-way or parking lot. The program is available to private property owners limited to commercial and mixed-use buildings within the Urban District, East Stuart District and “The Creek” Arts & Entertainment District. The program provides a reimbursement of 50% of the mural artwork up to $3,000. This grant program is available year-round. Funds are distributed on a first-come, first served basis. Funding is subject to availability and approval by the CRB and CRA Boards. Apply now!
REAL ESTATE DEVELOPMENT ACCELERATOR (REDA) PROGRAM
The Real Estate Development Accelerator Program is available for property owners and developers who make substantial capital investments/total project cost of one million dollars ($1,000,000) or more to an existing property or the development of a new construction project located in the Stuart CRA area. The incentive provides for a reimbursement of up to 50% of the future tax increment revenue for a maximum of five (5) years. Eligible projects include, but are not limited to: economic development projects, repurposing an existing building, mixed-use development, multi-family, off-site improvements, and extraordinary development costs. Apply now!
WAYFINDING SIGNAGE PROGRAM
The City of Stuart Downtown Wayfinding Signage Program is created to make it easier for visitors, primarily pedestrians, to find downtown businesses. This is a two-phase program. Phase I was implemented in the Old Downtown District. The second phase includes extension of the boundary for Phase I and implementation of Phase II along S Colorado Avenue. See attached boundary map and proposed pole locations in Phase II. Apply now!
RESIDENTIAL FAÇADE IMPROVEMENT GRANT PROGRAM/PAINT-UP PROGRAM
The Residential Façade Improvement Grant Program is an incentive program to make minor structural and cosmetic exterior improvements to single-family homes and duplexes, either owner-occupied or tenant-occupied residential investment properties. The program provides a reimbursement of 50% of the total costs up to $500. The program also provides a voucher of up to 100% (maximum of $500) for exterior paint. The program is limited to one (1) grant (excluding exterior paint voucher) per property. Exterior improvements include, but are not limited to: landscaping, driveways, porches, windows, doors, lighting, wall repair, fences, and exterior painting. This grant program is available year-round. Funds are distributed on a first come, first served basis. Funding is subject to availability. Apply now!
BRUSH WITH KINDNESS PROGRAM
A Brush with Kindness is a program by Habitat of Humanity of Martin County that assists low income homeowners complete exterior home improvements and correct code violations. The improvements include painting, landscaping, and/or critical home repairs to qualified homeowners in a form of no-interest and affordable loans. This program is available year round. For more information, please contact the CRA Administrator or Habitat for Humanity’s office at 772-223-9940. Apply now!
DESIGN ASSISTANCE PROGRAM
The Design Assistance Program provides property owners who are actively working toward site plan approval or building permits may receive professional design services from a qualified design professional approved by the CRA Administrator. The program provides technical assistance to owners to illustrate the appropriate types of design for the corridor. The program is intended to facilitate aggregation and redevelopment of constrained parcels, underutilized commercial properties or groups of parcels, and to promote construction of residential accommodation above commercial units. The applicant will receive design assistance through firms identified by the Stuart CRA, not to exceed $5,000. Funds will be disbursed directly to the design professional for eligible expenses. This assistance program is available year-round. Funds are distributed on a first-come, first served basis. Funding is subject to availability.
The City of Stuart is committed to helping resident's in any way we can. Please click here for helpful links and referral services.
Stuart Main Street envisions a vibrant, sustainable Historic Downtown Stuart for residents, businesses and visitors. Embracing the future while preserving the past, the Historic Downtown is a center for community life in Stuart and the larger surrounding community and home to an active spirit of civic pride and entrepreneurship, public and private sector cooperation, and the community’s historical and cultural heritage. Check out their website and Facebook page!