Kim Wilson, executive director of the Main Street Hardy organization has announced they have received an $8,000 grant from the Arkansas Historic Preservation Program. The Revitalization Grant will be used for event fees and a mini-grant program to benefit downtown businesses.
Wilson said about half of the grant money will be used to help with event expenses for Main Street Hardy, such as tent rentals and security. She said the remainder of the funds will be used for mini-grants, similar to those used last year for the signs in downtown Hardy.
Wilson said the mini-grants can be used for any exterior improvements to downtown businesses.
She said that each business would be given an opportunity to submit an application to Main Street Hardy outlining the perspective use of the funding, as well as the projected cost of the project. The applications will then be reviewed by members of the Main Street Hardy organization and the mini-grants will be awarded to the businesses whose project will make the largest visual impact on the downtown area.
Wilson said the businesses which win the mini-grants must pay for the improvements up front to show good faith in the project. Business owners will then be reimbursed for a portion of the cost.
The amount of the grant reimbursement is dependent upon the number of applications submitted. Wilson said last year's grant was able to reimburse the local businesses for two-thirds of the expenses.