The City of Greenacres, Florida offers a Property Enhancement Grant Program designed to support property owners and businesses in improving the appearance and value of their properties. This grant program aims to incentivize the renovation and rehabilitation of residential and commercial buildings visible from the street within the city. It is intended to enhance the visual appeal of Greenacres, contributing to the overall community aesthetic and property value.

Eligible applicants can receive up to 50% of the total project cost, with a maximum grant of $5,000 for residential properties and $10,000 for commercial properties. However, these grants are matching grants, meaning the applicant must provide private funds equal to or greater than the grant amount for the purpose of restoring or renovating their property. The funding is available for specific improvements that are visible from the street, such as exterior renovations and rehabilitation work. This competitive grant is awarded following an application, evaluation, and review process.

The grant operates on a reimbursement basis, and the funds will only be disbursed after annual budget approval and allocation. This means that applicants must first invest in their projects and submit documentation showing that the work has been completed before receiving the grant funds. It is important to note that all required documentation must be submitted together in a complete application packet. Applicants have the option of submitting their applications in person at City Hall or emailing them to the Program Coordinator, Aileen Hernandez.

The program timeline runs annually, with the application open enrollment period occurring from January 1 to March 1. In March 2025, the committee will review the applications and notify the recipients. Agreements for the awarded grants must be executed by April 2025. If applicable, permit applications must be submitted by July 2025, and all projects must be completed with final documentation submitted by March 2026. A project completion checklist is required once the work is finished.

For those interested in applying, the application forms and guidelines are available online and at City Hall. Additional assistance can be sought by contacting Aileen Hernandez via email or phone. The program is designed to assist property owners in creating an enhanced visual environment in Greenacres while also improving the value of their properties.