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The City of Margate is now accepting applications for its Property Improvement Program, a grant initiative encouraging property and business owners to restore, renovate, and enhance their properties.
The PIP program offers a 50% reimbursement grant of up to $50,000 for commercial and multi-family properties, common areas, and building exteriors owned by condominium or homeowner associations. Additionally, single-family or individually owned multi-family homesteaded properties can receive a 50% reimbursement of up to $10,000 for eligible improvements.
The Margate Community Redevelopment Agency Board has approved two million dollars for the program, $1,500,000 for eligible commercial properties, and $500,000 for eligible individually owned single-family, condominium, and multi-family properties within the MCRA boundaries.
Created to improve the visual quality and attractiveness of the Margate community while increasing property values, eligible properties include commercial buildings, multi-family properties, properties owned by condominium or homeowner associations, and homesteaded single-family or multi-family properties.
The program covers various eligible improvements, including exterior painting, lighting, landscaping, signage, driveway and parking area upgrades (excluding asphalt driveways), and impact-resistant enhancements such as windows, doors, and garage doors.
Additional eligible improvements include roof repairs or replacements visible from the public right-of-way, structural repairs, concrete restoration, electrical and plumbing work (including cast iron pipe replacement), and designer fencing made of PVC or iron.
Click here to apply for a PIP grant.
Click here to learn more about the program, including a list of ineligible properties and a checklist of information required to apply for a PIP grant.
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