The city of Peru is starting a downtown redevelopment program. City Attorney Scott Schweickert (SCHWEYE-kert) says any commercial property owner interested will get an up to $5,000 grant from the city to make improvements on their buildings.
Audio PlayerHe says the TIF district covers more than just downtown. It covers Peru’s west and east ends.
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He says it’s only for the Peru downtown Tax Increment Financing District. A storefront owner can only get one grant per fiscal year. Mayor Ken Kolowksi (kuh-LOW-ski) says it’s a positive thing and hopes it will improve storefronts downtown.