Building Improvement Fund

FINAL BUILDING APPLICATION DUE DATE - TUESDAY AUGUST 11th at 4:00PM

The revitalization of downtown Penn Yan will propel long-term regional prosperity and provide year-round opportunities for all residents and visitors to enjoy the area’s natural assets, local foods and beverages, arts, and creative economy in an attractive and accessible destination. In alignment with the Penn Yan DRI vision statement, the Village is seeking to improve the utilization of vacant and underutilized property, attract and expand business, create mixed-income residential units, and attract residents downtown.

The Finger Lakes Horizon Economic Development Corporation (FLHEDC) has been awarded funding through the New York State Downtown Revitalization Initiative (DRI) to finance a Building Improvement Fund. A $600,000 Building Improvement Fund has been established to provide grant funding for applicants to implement interior and exterior building improvements in the Village of Penn Yan DRI area. Goals of the Penn Yan DRI Building Improvement Fund are to preserve and renovate historic downtown buildings, stimulate entrepreneurism, and promote mixed-income residential uses including upper-floor units. The fund is available to any commercial and/or mixed-use building owner within the Village of Penn Yan DRI boundary

The Building Improvement Fund will mimic many of the goals, process and requirements of the NYS Main Street Program that includes providing funding for administration of the program by the FLHEDC. Funds are also available for limited soft costs including architectural and environmental services for the Building Improvement Fund.

May 14, 2020 - Building Improvement Fund Grant Virtual Information Presentation and Webinar: Here

Boundary Map - Village of Penn Yan DRI/BIF Boundary

Grant Application: PDF or Word

  • Preliminary Application due JUNE 14, 2020 at 4:00PM

Grant Guidelines and Instructions: PDF or Word

Design Guidelines: Here

  • In Site Architecture has been hired as consultant to assist with program management, design, engineering and compliance.

  • In Site developed the Penn Yan Building Improvement Fund Design Guidelines

  • Contact In Site for consultation and design guideline assistance with the preliminary application

Building Improvement Fund Public Information Presentation and Information Session: PDF or Recording - Please note we had some technical difficulties with the presentation recording. There is no audio for the first 5 minutes. After 5 minutes sound kicks in.

THURSDAY, MAY 14, 2020 at 5:00PM - Building Improvement Fund Virtual Public Information Presentation and Webinar - Flyer

 The Finger Lakes Horizon Economic Development Corporation Request for Proposal - Architectural & Design Services - Village of Penn Yan Downtown Revitalization initiative Building Improvement Fund - RFP Here

Please email or call Mike Lipari, Economic Development Specialist with any questions: mike@fingerlakesedc.com - 315-536-7328, 585-944-6763 (cell)