Flexible ‘Soft-Cost’ Grants Depending On Community Needs
17 Apr 2023
News
There are plenty of grants available that cover the hard costs, or the direct physical costs, of construction. However, finding grants that can be allocated to cover the soft-costs of construction projects is generally much more difficult. These soft-costs are the indirect expenses that are involved in construction, such as permits, architectural & engineering costs, and financing fees. Most soft-cost grants are available at the state or hyperlocal level. Below are some examples. We encourage economic developers to use these to spur ideas and see what options exist within their own local communities.
Read the complete article from Golden Shovel Agency here.
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The Royse City, TX Community
Royse City is home to a growing number of young professionals and families. The average age within the city is 32 years old, and the educational attainment is higher than the national average. This has led to a population that is active, educated, and earns around $90,000 per year - far more than the national average. With 15,000 new homes in some stage of development, the city’s growth is expected to continue for some time. As it does, investments are being made in parks and recreation and the local school district.
Housing Costs Less
Abundant Shopping
Low Cost of Living
Open Spaces