The FY2019-20 City of Frankfort Budget included historic increases in funding for a Downtown Reinvestment Grant. These grants are to build, preserve and revitalize our downtown and increase the effectiveness of investments in Frankfort.
The Frankfort Downtown Reinvestment Grant is administered by the Planning and Community Development Department in conjunction with the Community Relations/Grants Department with recommendations from the Downtown Reinvestment Grant Committee. Contracts with the City of Frankfort provide funds to stimulate reinvestment in properties located within mixed-use commercial districts located in Frankfort’s Central Business Historic District.

Downtown Frankfort has a number of empty and under-utilized buildings or lots. The City of Frankfort seeks proposals from eligible applicants for the purpose of assisting with downtown revitalization efforts. The goal is to encourage a renovation of downtown Frankfort to create an attractive environment for businesses, citizens, and visitors. This program also serves as a catalyst to implement the Downtown Master Plan. The grants provide opportunities to stimulate reinvestment in mixed-use “downtown" buildings.

Additional program Information, general application requirements – including eligibility guidelines – and general review criteria can be found here.