Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

Downtown Upper Floor Housing Grant

Funder: City of Beloit (Downtown Beloit Association program)

Geographic Scope: Downtown Beloit, Wisconsin

Program Purpose: Create additional housing units in downtown Beloit while preserving economic vitality and historic character by funding property owners to develop housing space in upper floors of eligible structures.

Eligibility:

  • Downtown property owners with eligible structures

  • Projects must involve creating housing in upper floors of buildings
  • Key Requirements:

  • Matching funds required from applicant

  • Grant funding covers a percentage of project costs (specific percentage determined per application)
  • Program Status: Active as of February 2024

    Award Examples: In spring 2024, the City of Beloit awarded $363,010 in total grant funds to six property owners, resulting in 13 new apartment units

    Contact Information:

  • Name: Shauna El-Amin, Executive Director of Downtown Beloit Association

  • Email: shauna@downtownbeloit.com

  • Address: 100 State Street, Beloit, WI 53511

  • Phone: 608-364-6610
  • Additional Resources:

  • Program details, eligibility, and application: www.beloitwi.gov/tifhousing
  • How to Apply

    How to Apply

    Application Process:
    1. Review program details and project eligibility requirements at www.beloitwi.gov/tifhousing
    2. Attend informational session (virtual sessions held periodically - check website for schedule)
    3. Submit grant application with project proposal
    4. Demonstrate matching funds capability

    Required Information:

  • Property location and description

  • Project scope and timeline

  • Matching funds commitment

  • Housing unit specifications
  • Contact for More Information:

  • Shauna El-Amin

  • Email: shauna@downtownbeloit.com

  • Phone: 608-364-6610
  • Website for Details:

  • www.beloitwi.gov/tifhousing
  • What The Greater Beloit Economic Development actually gave

    Source: IRS Form 990-PF, 2022 — the most recent filing with itemized grants

    Grants in 2022
    1
    Total given
    $30K
    Median grant
    $30K
    • By dollars: Wisconsin 100%. Top recipient cities: Fitchburg, WI.

    Example grants

    • Wisconsin Early Childhood Association · Fitchburg, WI

      To conduct training for child care entrepreneurs

      $30K

    IRS Form 990-PF, 2022. Amounts as reported by the funder. Full 990 history →

    Focus Areas & Funding Uses

    Fields of Work

    affordable-housinghousing

    Categories

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