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PDRI Financial Incentives

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The following financial incentive programs are available to assist current and potential business/property owners in the designated downtown district within the City of Prairie du Chien, Wisconsin. Eligible projects must compliment the Mission and Vision of Prairie du Chien Downtown Revitalization, Inc.
  • Downtown Prairie du Chien Cooperative Loan Pool - Created to provide assistance to new and existing businesses. Projects eligible for this program include facade and/or interior renovation, leasehold improvements, and acquisition of commercial or retail property located in the City of Prairie du Chien Downtown Revitalization Program District. With the exception of new business construction, the real estate acquisition component of the program requires a “significant” interior or exterior renovation/improvement project to accompany the purchase. “Significant” renovation/improvement will be defined as the greater of $10,000 or 20 percent of the project cost or purchase price.
  • Revolving Loan Fund - To encourage business investment in the Downtown by using the City of Prairie du Chien’s Revolving Loan Fund as an enhancement for participation of the existing loan pool commitment which has been made by the banks. Participation is not exclusive to businesses participating in the bank loan pool. The Revolving Loan Fund shall be used as a tool to encourage exterior facade enhancement as well as interior property improvements. The Revolving Loan Fun may also be used for business inventory.
  • Facade Improvement Grants - Designed to assist property owners with facade renovation/improvements including masonry rehabilitation/stabilization, window rehabilitation/replacement, false facade removal, painting, awnings, construction, etc. Grants of up to $1,000 per facade improvement project are available. Prairie du Chien Downtown Revitalization Design Committee and the City of Prairie du Chien Design & Preservation Commission must approve design plans prior to funds being granted.
  • Sinage Improvement Grants - Designed to assist downtown businesses/property owners with signage improvements. Grants of up to $250 per signage improvement project are available. Prairie du Chien Downtown Revitalization’s Design Committee & the City of Prairie du Chien’s Design & Preservation Commission must approve signage design prior to funds being granted.





 

For More Information...
 
Call PDRI Executive Director Pam Ritche @ 608-326-7374