COLDWATER, MI (WTVB) – The Coldwater Downtown Development Authority has awarded $5,000 from its Building Improvement Program to William and Cheryl Flickinger for façade renovations that have taken place in recent months at 22 West Chicago Street in downtown Coldwater.
The Flickingers invested in a historic three-color paint scheme, new storefront windows, restoration of the iconic second floor windows, and extensive structural repairs that remediated damage left over from a fire that took place in the late 1800s.
Southern Michigan Bank and Trust also awarded the Flickingers low interest financing which was made possible through the bank’s partnership with the DDA and its Building Improvement Program.
According to a news release issued by the city of Tuesday, investment for the renovations exceed $237,000 in addition to the building purchase, and architectural and engineering costs.
The DDA’s Building Improvement Program fund is designed to stimulate downtown façade improvements and support critical maintenance activities.
It includes a rebate program provided by the DDA, and a low interest loan pool offered in partnership with Southern Michigan Bank & Trust and Century Bank and Trust.
According to city officials, over $75,000 has been disbursed through the rebate program for downtown projects since it was reinstated 2019, resulting in over $2.8 million of private investment.
For information about the Building Improvement Programs, visit the DDA’s web page on coldwater.org or contact Audrey Tappenden.
Comments