Downtown Redmond has some vacant and poorly maintained commercial buildings in need of renovation and repair. It also has many older buildings which have good potential for restoration and creative re-uses. These programs assist in the renovation, preservation, and rehabilitation of existing commercial properties in the downtown core area. The programs upgrade the physical characteristics of the City and improve the value of buildings by preserving the thriving historic character of downtown Redmond.
For more information, please call (541) 923-7721 and ask to be directed to the Urban Renewal Division of the Community Development Department. We are located on the second floor of Redmond City Hall, 411 SW 9th Street.
The following is a list of these programs:
Free Design Assistance Program
The Free Design Assistance Program provides up to 15 hours of architectural, engineering, or other design work to help business owners and property managers visualize and investigate the feasibility of a project within the Urban Renewal District. For more information, please click on the Free Design Assistance Program Application.
Facade Rehabilitation Grant Program
The City of Redmond provides up to $4,000 grant assistance for outside paint and awning improvements that significantly upgrade the exterior of the property and are compatible with the downtown streetscape. All paint colors must be chosen from the Downtown Redmond Color Palette found here. For more information, including further guidelines, eligible projects and an application, please click on the Façade Rehabilitation Grant Program Application.
Small Projects Grant Program
Exterior rehabilitation and renovation projects assisted by this program may be reimbursed for up to 50% of the total cost of the project ($5,000 maximum). They must show significant aesthetic improvement to the property and be compatible with the downtown streetscape. All paint colors must be chosen from the Downtown Redmond Color Palette found here. Interior work does not qualify for these grants. For more information, including further guidelines, eligible projects and an application, please click on the Small Projects Grant Program Application.
Fire, Life Safety & Accessibility Grant Program
The City of Redmond provides up to $7,500 in a 50% matching grant assistance opportunity to improve safety or accessibility to business property in the Urban Renewal District. For more information, please click on the Fire, Life Safety & Accessibility Application.
Property Rehabilitation Loan Program
The Urban Renewal Agency provides a one-time loan of up to $100,000 for restoration in order to encourage property and/or business owners to improve the exteriors of the buildings and comply with the Architectural Design Standards of the Downtown Action Plan. For more information, including eligible projects, interest rates and an application, please click on the Property Rehabilitation Loan Program ;Application.
Restaurant Capital Improvements Program
This program is intended to support the development and expansion of restaurants within the downtown core that will help draw residents and out-of-town visitors downtown. For more information, please click on the Restaurant Capital Improvements Program Application.
Housing Opportunity Revolving Loan Program
The goals of this program are to strengthen the residential presence in downtown by attracting new residents and private housing development. The program is structured to stimulate housing redevelopment in the Redmond Downtown Urban Renewal District by providing an ongoing source of gap financing for new housing construction. For more information, please click on the Housing Opportunity Revolving Loan Program Application.
Housing Systems Development Charge (SDC) Buy-Down Program
The city of Redmond administers the Housing Systems Development Charge (SDC) Buy-Down Program to promote the development of new affordable, high-density housing investments within the Downtown Urban Renewal District. The program approves the reduction of SDC fees to qualified developers or projects during the building permitting process. For more information, please click on the Housing Systems Development Charge (SDC) Buy-Down Program ;Application.
Industrial Opportunity Fund Loan Program ;
The Industrial Opportunity Fund provides forgivable, zero-interest loans to support ;new construction or expansion of industrial buildings or purchase of manufacturing equipment within the Redmond Urban Renewal District. Eligible work includes: new construction or expansion of buildings supporting an industrial use, public improvements, or fixed, taxable manufacturing equipment. Please click on the Industrial Opportunity Fund Loan Program.