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Funding

CRA FUNDING ASSISTANCE PROGRAMS

The Sebring CRA’s primary objective is to eliminate slum and blight within the Community Redevelopment Area, and position Downtown Sebring as highly desired option for business and recreational opportunities. The CRA is committed to ensuring the economic vitality of the CRA District through projects and initiatives that enhance its aesthetic appeal, increase the tax base, and promote business growth. Incentive programs that catalyze investment are a part of the CRA’s strategy to redevelop and revitalize the area, and continue the positive progression of the CRA District. 

The CRA offers funding assistance programs to qualified property owners to support redevelopment projects, commercial and residential property improvements, and the marketing of events throughout the CRA District.

Funding assistance provided by the CRA is intended to support the economic development of the CRA district through encouraging private investment in building enhancements, business establishment and growth, increased pedestrian traffic, and job creation. Review the information below to help determine if our programs can help you with your project.

Funding is budgeted annually following the CRA’s fiscal year (starting October 1st each year), and is approved on a first-come, first-served basis. Please allow up to several weeks for application processing, and plan your project accordingly. Be sure to apply before starting construction, and prior to you even occurring. If the project gets underway before the CRA Board has a chance to review it then it is no longer eligible for assistance. 

Review the below guidelines for each program to learn more about their applicable expenses, and determine your project’s eligibility. Download the application to apply for funding assistance, and learn what additional documentation is needed to accompany your application to be considered a complete application packet.

Applications are accepted year-round, pending the availability of funding, and are subject to the approval of the CRA Board. Funds are paid by reimbursement at the completion of the project, after eligible costs have been verified. If you have additional questions, contact our office by phone at (863) 471-5104.

  • Façade Improvement
    Program

    Assists with improvements that can improve the aesthetic appeal, and increase the property value of a residential or commercial property located in the CRA District. This program offers up to $10,000 to make exterior improvements to aid in the elimination of slum and blighted conditions in the area.

  • Downtown Revitalization
    Program

    Assists with for interior improvements to eligible commercial and multi-family buildings in the CRA District. This program offers up to $50,000 to make interior upgrades to aid in the redevelopment and revitalization of commercial properties in the area.

  • Event Marketing &
    advertising Program

    Assists with the marketing and advertising of events that take place in the CRA district that attract local and visitors traffic to the Downtown area, encourage increased spending, reinforce a positive image of the Downtown district, and provide added value to the visitor’s experience in Downtown Sebring.

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CRA FUNDED PROJECTS

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ADDITIONAL BUSINESS RESOURCES

Small Business Development Center 

SBDC

The USF SBDC of the Heartland hosted locally by South Florida State College provides free confidential counseling as well as business training seminars to current and potential entrepreneurs. FREE individual counseling is by appointment and there is a nominal charge for training workshops.

Contact: Michael Noel
Phone: (863) 784-7378
Email: MichaelNoel@usf.edu
Website: sbdctampabay.com/highlands

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South Florida State College

Corporate and Community Education

South Florida State College’s Corporate and Community Education (CCE) Department is the first choice for work-related education. Our ongoing workshops and seminars can help you sharpen your job skills or earn the continuing education units you need to maintain your professional license.

Contact: Tina Gottus, Coordinator
Phone: (863) 784-7033
Email: Tina.Gottus@southflorida.edu
Website: SouthFlorida.edu

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