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Can I use Vacant Property Initiative (VPI) funding to expand my existing business?

April 26, 2017Business existing expand funding Initiative Property vacant VPI

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Can I use Vacant Property Initiative (VPI) funding to expand my existing business?

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The VPI can be used to expand a business to an adjacent building or property if it has been at least 40% vacant for the last 2 years or longer. Job creation is an expected outcome. Expansions for parking lots are eligible for the “Local Parking Needs Program” only.