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Round 4 (April 1-30, 2026) is the current open window; matches the stored deadline of 2026-04-30. Applications require a mandatory pre-application meeting.
The Real Property Investment Grant Program is an award from the Portsmouth Economic Development Authority (EDA) in Virginia that funds rehabilitation and redevelopment of commercial, industrial, office, and mixed-use properties within Portsmouth city limits.
The program assists new and relocating businesses, expanding businesses, and commercial property owners in improving interior and exterior spaces to enhance the local streetscape and attract investment to the city. Eligible applicants include property owners and lessees of commercial, industrial, office, or mixed-use properties in Portsmouth; government entities, religious organizations, and residential businesses are ineligible.
Properties must not have outstanding taxes or code violations. Grants are available up to $25,000, with a deadline of April 30, 2026.
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Real Property Investment Grant | Portsmouth Economic Development Real Property Investment Grant Portsmouth Economic Development (PED) Homepage Real Property Investment Grant The Real Property Investment Grant Program is designed to assist new or relocating businesses, expanding businesses, and commercial property owners with the rehabilitation and redevelopment of interior and exterior spaces to visually enhance the local streetscape, and increase interest in the City of Portsmouth.
Properties within City of Portsmouth limits that are commercial, industrial, office, or mixed-use.
Property owners, who are not the subject business owner, must improve vacant space to: Create a vanilla shell in order to market the property, or Complete tenant improvements for an under-contract new tenant entering into a lease New or existing business owners who are leaseholders and applying for grant funding for tenant improvements must have documentation in the lease that the tenant is responsible for improvements.
Entities of local, state, or federal government, religious organizations, and residential-use businesses are prohibited from applying.
Maximum Grant Award: $25,000 Matching requirement: All applications require a 1:1 financial match The Real Property Investment Program is a matching, reimbursement program that requires the applicant to make the initial investment for the full project costs; half of the eligible costs will be paid as a reimbursement, up to the maximum grant award amount Improvements made and/or paid for prior to an issued Grant Agreement will not be reimbursed Applicant and/or property may not have outstanding City of Portsmouth taxes, fees, or code violations (unless the grant funding is to be used to rectify code violations) Applicants are required to submit proof of funds to complete project, documentation of required City of Portsmouth Approvals and Permits, and an outline of project costs with a timeline for completion and two quotes from contractors for project costs In multi-tenant properties, no more than three address locations may receive funding within a five-year period.
Business owners making improvements to a leased space must provide a signed Property Owner Consent Form . Grant Submission Schedule Applications for the 2026 Fiscal year are accepted according to the submission schedule below. Applications received after the cutoff date will be considered by the Portsmouth EDA in the following round.
Round 1: Open July 1 - 31, 2025 Round 2: Open October 1 - 31, 2025 Round 3: Open January 1 - 31, 2026 (closed) Round 4: Open April 1-30, 2026 Application & Approval Process The Real Property Investment Grant application is a seven-step process. Those interested in applying are required to schedule a pre-application meeting with staff before submission.
The completed Real Property Investment Grant application is to be submitted to Portsmouth Economic Development for review and is not considered submitted if incomplete. Completed applications (those containing all required documentation) will be reviewed to determine completion status and adherence with program guidelines. Applicants are required to outline which of the two quotes provided will be used in the execution of the project.
The Portsmouth Economic Development Authority encourages the use of materials and labor from Portsmouth businesses in the execution of projects utilizing grant funds. Applications with grant funding requests less than $10,000 may be approved through an administrative process by Portsmouth Economic Development staff.
Applications with grant funding requests greater than $10,000 require consideration by the Portsmouth EDA Board of Commissioners.
Approval or denial of an application lies within the discretion of the Portsmouth EDA Board of Commissioners, considering factors such as the degree to which the business activities contemplated by the application further the goals of the program, the degree of the need for the funding, the level of funding requested, the amount of program funds remaining for the fiscal year, and any other factors the Board may deem relevant.
When an application is approved, the applicant will enter into a Grant Agreement with the Portsmouth EDA, agreeing to accept the approved grant funds that will not exceed 50% of actual, verifiable paid expenses up to a maximum of $25,000. Under no circumstances will funds be disbursed at a ratio higher than the matching requirements. Proof of costs paid by the applicant are required before grant funds are to be disbursed.
Portsmouth EDA grant approval is not a factor in obtaining other City of Portsmouth approvals and the qualification standards do not parallel. The Real Property Investment Grant is a matching, reimbursement program that requires the applicant to make the initial investment of the full project costs; half of the eligible costs will be paid as a reimbursement, up to the maximum grant amount.
The maximum grant amount available for any approved application is $25,000 per property address, for eligible improvements, for the life of the program. If the maximum grant amount is not exceeded, applicants may re-apply for the same property for the remainder of the $25,000 maximum total reimbursements. In multi-tenant properties, no more than two address locations may receive funding within a five-year period.
Funding is available on a first-come, first served basis until the funding pool has been exhausted each fiscal year as appropriated. All recipients are required to enter into a Grant Agreement with the Portsmouth Economic Development Authority. Recipients have 120 days to complete approved work after the Grant Agreement is issued.
Extensions for an additional 90 days may be granted on a case-by-case basis, but must be requested in writing and include a detailed status of the project, work remaining and estimated timeframe of completion. Applicant must have all inspections and final Certificate of Occupancy in order to request reimbursement. Proof of costs paid by the applicant will be required before grant funds are to be disbursed.
Required documentation includes copies of contractor invoices, canceled checks, bank statements and/or credit card statements that verify payment. Cash payments are not eligible for reimbursement. Grant funding payments will not be made if improvements deviate from those outlined in the application and Grant Agreement.
Work that was started prior to application approval and projects with outstanding code violations (unless the program grant was used to rectify the violation), will not qualify for reimbursement payment. Grant funds are paid as a one-time reimbursement payment, not draws. Eligible improvements must be permanent and can include any combination of eligible interior, exterior, signage, and/or security modifications or enhancements.
ADA accessibility modifications Fire suppression and protection Interior electrical/lighting Permanent fixtures and equipment (i.e. exhaust hoods, ductwork, built-in freezer, etc) Repair or restoration of architectural detailing Security improvements including entry hardware, access control, cameras, etc (max $2,500) ADA accessibility modifications Improvements correcting code violations Landscaping and plants (max $2,500) * Permanent hardscape improvements * Railings or juliet balconies Removal/replacement of incomplete exterior finishes and materials Restoration of architectural details or removal of materials that cover architectural details Screening of service and maintenance areas when visible from adjacent public areas Security improvements to include entry hardware, access control, cameras, etc. (max $2,500) Window and cornice flashing and repair * *in conjunction with other improvements only NOTE: Improvements made and/or paid for prior to an issued Grant Agreement will not be reimbursed.
Fees charged by The City of Portsmouth NOTE: Improvements made and/or paid for prior to an issued Grant Agreement will not be reimbursed. Required Documentation For Application All documentation must be submitted by the close of the grant application round.
Pre-improvement photos of specific areas of property where improvements using grant funding will take place Outline of project costs with a timeline for completion Two quotes from contractors per project component Proposal from chosen contractor(s) that includes drawings/renderings of improvements, an outline of the project costs, and a timeline for completion Copy of chosen contractor(s) Virginia DPOR license and Insurance (if cost exceeds $1,000) Documentation of City of Portsmouth approvals and permits Proof of funds to complete project Copy of City of Portsmouth business license - required from business owners completing improvements Copy of "Articles of Organization" from the Virginia SCC - required from business owners completing improvements Copy of Lease and signed Property Owner Consent Form - required from business owners leasing their space Marketing Plan - required from Property Owners, who are not the subject business owner, and are improving a vacant space Grant Submission Schedule Application & Approval Process Required Documentation For Application The Real Property Investment Grant Program is designed to assist new or relocating businesses, expanding businesses, and commercial property owners with the rehabilitation and redevelopment of interior and exterior spaces to visually enhance the local streetscape, and increase interest in the City of Portsmouth.
Properties within City of Portsmouth limits that are commercial, industrial, office, or mixed-use.
Property owners, who are not the subject business owner, must improve vacant space to: Create a vanilla shell in order to market the property, or Complete tenant improvements for an under-contract new tenant entering into a lease New or existing business owners who are leaseholders and applying for grant funding for tenant improvements must have documentation in the lease that the tenant is responsible for improvements.
Entities of local, state, or federal government, religious organizations, and residential-use businesses are prohibited from applying.
Maximum Grant Award: $25,000 Matching requirement: All applications require a 1:1 financial match The Real Property Investment Program is a matching, reimbursement program that requires the applicant to make the initial investment for the full project costs; half of the eligible costs will be paid as a reimbursement, up to the maximum grant award amount Improvements made and/or paid for prior to an issued Grant Agreement will not be reimbursed Applicant and/or property may not have outstanding City of Portsmouth taxes, fees, or code violations (unless the grant funding is to be used to rectify code violations) Applicants are required to submit proof of funds to complete project, documentation of required City of Portsmouth Approvals and Permits, and an outline of project costs with a timeline for completion and two quotes from contractors for project costs In multi-tenant properties, no more than three address locations may receive funding within a five-year period.
Business owners making improvements to a leased space must provide a signed Property Owner Consent Form . Grant Submission Schedule Applications for the 2026 Fiscal year are accepted according to the submission schedule below. Applications received after the cutoff date will be considered by the Portsmouth EDA in the following round.
Round 1: Open July 1 - 31, 2025 Round 2: Open October 1 - 31, 2025 Round 3: Open January 1 - 31, 2026 (closed) Round 4: Open April 1-30, 2026 Application & Approval Process The Real Property Investment Grant application is a seven-step process. Those interested in applying are required to schedule a pre-application meeting with staff before submission.
The completed Real Property Investment Grant application is to be submitted to Portsmouth Economic Development for review and is not considered submitted if incomplete. Completed applications (those containing all required documentation) will be reviewed to determine completion status and adherence with program guidelines. Applicants are required to outline which of the two quotes provided will be used in the execution of the project.
The Portsmouth Economic Development Authority encourages the use of materials and labor from Portsmouth businesses in the execution of projects utilizing grant funds. Applications with grant funding requests less than $10,000 may be approved through an administrative process by Portsmouth Economic Development staff.
Applications with grant funding requests greater than $10,000 require consideration by the Portsmouth EDA Board of Commissioners.
Approval or denial of an application lies within the discretion of the Portsmouth EDA Board of Commissioners, considering factors such as the degree to which the business activities contemplated by the application further the goals of the program, the degree of the need for the funding, the level of funding requested, the amount of program funds remaining for the fiscal year, and any other factors the Board may deem relevant.
When an application is approved, the applicant will enter into a Grant Agreement with the Portsmouth EDA, agreeing to accept the approved grant funds that will not exceed 50% of actual, verifiable paid expenses up to a maximum of $25,000. Under no circumstances will funds be disbursed at a ratio higher than the matching requirements. Proof of costs paid by the applicant are required before grant funds are to be disbursed.
Portsmouth EDA grant approval is not a factor in obtaining other City of Portsmouth approvals and the qualification standards do not parallel. The Real Property Investment Grant is a matching, reimbursement program that requires the applicant to make the initial investment of the full project costs; half of the eligible costs will be paid as a reimbursement, up to the maximum grant amount.
The maximum grant amount available for any approved application is $25,000 per property address, for eligible improvements, for the life of the program. If the maximum grant amount is not exceeded, applicants may re-apply for the same property for the remainder of the $25,000 maximum total reimbursements. In multi-tenant properties, no more than two address locations may receive funding within a five-year period.
Funding is available on a first-come, first served basis until the funding pool has been exhausted each fiscal year as appropriated. All recipients are required to enter into a Grant Agreement with the Portsmouth Economic Development Authority. Recipients have 120 days to complete approved work after the Grant Agreement is issued.
Extensions for an additional 90 days may be granted on a case-by-case basis, but must be requested in writing and include a detailed status of the project, work remaining and estimated timeframe of completion. Applicant must have all inspections and final Certificate of Occupancy in order to request reimbursement. Proof of costs paid by the applicant will be required before grant funds are to be disbursed.
Required documentation includes copies of contractor invoices, canceled checks, bank statements and/or credit card statements that verify payment. Cash payments are not eligible for reimbursement. Grant funding payments will not be made if improvements deviate from those outlined in the application and Grant Agreement.
Work that was started prior to application approval and projects with outstanding code violations (unless the program grant was used to rectify the violation), will not qualify for reimbursement payment. Grant funds are paid as a one-time reimbursement payment, not draws. Eligible improvements must be permanent and can include any combination of eligible interior, exterior, signage, and/or security modifications or enhancements.
ADA accessibility modifications Fire suppression and protection Interior electrical/lighting Permanent fixtures and equipment (i.e. exhaust hoods, ductwork, built-in freezer, etc) Repair or restoration of architectural detailing Security improvements including entry hardware, access control, cameras, etc (max $2,500) ADA accessibility modifications Improvements correcting code violations Landscaping and plants (max $2,500) * Permanent hardscape improvements * Railings or juliet balconies Removal/replacement of incomplete exterior finishes and materials Restoration of architectural details or removal of materials that cover architectural details Screening of service and maintenance areas when visible from adjacent public areas Security improvements to include entry hardware, access control, cameras, etc. (max $2,500) Window and cornice flashing and repair * *in conjunction with other improvements only NOTE: Improvements made and/or paid for prior to an issued Grant Agreement will not be reimbursed.
Fees charged by The City of Portsmouth NOTE: Improvements made and/or paid for prior to an issued Grant Agreement will not be reimbursed. Required Documentation For Application All documentation must be submitted by the close of the grant application round.
Pre-improvement photos of specific areas of property where improvements using grant funding will take place Outline of project costs with a timeline for completion Two quotes from contractors per project component Proposal from chosen contractor(s) that includes drawings/renderings of improvements, an outline of the project costs, and a timeline for completion Copy of chosen contractor(s) Virginia DPOR license and Insurance (if cost exceeds $1,000) Documentation of City of Portsmouth approvals and permits Proof of funds to complete project Copy of City of Portsmouth business license - required from business owners completing improvements Copy of "Articles of Organization" from the Virginia SCC - required from business owners completing improvements Copy of Lease and signed Property Owner Consent Form - required from business owners leasing their space Marketing Plan - required from Property Owners, who are not the subject business owner, and are improving a vacant space Figuring out your next steps is not always easy.
You might have some questions and we want you to know that we're here for you!
Based on current listing details, eligibility includes: Commercial, industrial, office, or mixed-use property owners or lessees within Portsmouth city limits; government entities, religious organizations, and residential businesses are ineligible; properties must not have outstanding taxes or code violations. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Up to $25,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is April 30, 2026. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
The Homeless Youth Program is a grant from the Illinois Department of Human Services that funds services for homeless and at-risk youth across Illinois. Administered through the Office of Community and Positive Youth Development, it supports nonprofit organizations delivering shelter, outreach, and support services to young people experiencing homelessness or housing instability. Eligible applicants are Illinois-based nonprofits with demonstrated capacity to serve youth. Awards range from $100,000 to $800,000 per year under CSFA number 444-80-0711. This is a FY 2026 funding opportunity with an application deadline of May 21, 2025.
Community Investment Tax Credit Program (CITC) is a grant from the Maryland Department of Housing and Community Development that provides state tax credit allocations to 501(c)(3) nonprofits, enabling them to attract private donations from individuals and businesses. Donors contributing $500 or more to approved projects receive tax credits equal to 50% of their contribution. The program has leveraged nearly $27 million in charitable contributions to approximately 700 projects statewide. Eligible project areas include education, housing, job training, arts and culture, economic development, and services for at-risk populations. Projects must be located in or serve residents of Maryland's Priority Funding Areas. The application period is typically held annually.
The Families First Community Grant Program is a competitive grant initiative from the Tennessee Department of Human Services (TDHS) offering approximately $27 million in funding to support nonprofit organizations serving low-income Tennessee families. Grants fund programs across four priority areas: education, health, economic stability, and family well-being, aligned with TANF goals of promoting self-sufficiency. Eligible applicants are 501(c)(3) nonprofits based in Tennessee that provide direct services to economically disadvantaged families. The 2025 application cycle closed July 10, 2025. This program reflects Tennessee's broader commitment to strengthening communities through strategic investment in local organizations that address the root causes of poverty.