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Monday, May 2, 2016

Redevelopment Incentive Grant awarded to Loughlins

Monday, April 13, 2009

(Photo)
Brenda Perrin (second from right), President of the Cherokee Industrial Corporation, presents a Redevelopment Incentive Fund Grant check to Mollie Loughlin, while Jay Loughlin stands between the two. Others in the photo include, from the left, Chamber Executive Director Julie Hering-Kent, and Noelle and Tony Puffett, co-owners of The Main Street Pharmacy. Cherokee Area Economic Development Corporation Director Mark Buschkamp is at the far right. Photo by Dan Whitney
The Redevelopment Incentive Fund (RIF) is a program established by the Cherokee Industrial Corporation (CIC), in conjunction with the City of Cherokee and the Cherokee Chamber of Commerce for the purpose of promoting the continued expansion of the community's commercial base.

The RIF is designed to aid in the refurbishing and repair of building facades - or what is typically referred to as the building's "storefront." The emphasis of the program is to focus on the preservation of the building's architectural character and design.

The RIF Program targets commercial buildings in the Cherokee Renewal District

which offer the greatest opportunity for improvement and elimination of building vacancies, and which are dedicated to retail establishments.

Businesses must apply for redevelopment incentive funds, and the funds are limited to the following items: awning treatments; replacement of signage or siding; window and door upgrades; masonry repair; cornice repair; and new paint.

Jay and Mollie Loughlin of Cherokee were recently awarded a $2,400 grant from the Redevelopment Incentive Fund. The Loughlins applied for the grant to help offset the cost of new windows they installed in their building on Cherokee's West Main Street. The 1888 building houses The Book Vine in the east side of the building and The Main Street Pharmacy, which will open soon, in the west side.



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