Lewistown Tax Increment Financing (TIF) Assistance
Who can apply: Projects must be located within an established Lewistown tax increment financing district and must comply with applicable local and state laws. Eligible activities may include building rehabilitation, façade restoration, signage, demolition of obsolete structures, land assembly, environmental remediation, and related public infrastructure. TIF assistance may not exceed the developer's equity contribution. Operating costs, including working capital and lease-up reserves, are ineligible. Projects must not be complete when funds are awarded. Nonprofits and not-for-profit organizations may have exceptions regarding real estate tax requirements, but may be subject to other underwriting or guaranty requirements.
Deadline: Applications are due by the 1st of each month for review at that month's meeting.