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  • Writer's picturemoberlychamber

Moberly Depot District Awards Grant Funding

The Downtown Moberly Community Improvement District (Depot District) awarded funds for projects through the Private Property Improvement (PPI) Grant Program during their monthly meeting. A number of property owners applied and received funding through the CID’s new grant program.

Properties at 110 North Clark, 209 North Clark, 535 Reed and 537 Reed received $15,560 total in funding. Property owners receiving grants must also make an investment in these properties. Estimated total investment in property improvements will be $44,032 when projects are completed. Grant opportunities do not exceed $5000. Additional funding for PPI grants is still available and private property owners are encouraged to apply.

Other economic development incentive programs are also available thru the CID. A Rent Buy Down Program has been developed to subsidize private rental rates in downtown buildings to encourage new or expanded leasing. A Sales Tax Rebate Program was established to encourage new private investment by making incremental increases in CID tax available to developers. A Property Tax Rebate Program incentivizes private investment in Downtown properties by rebating CID property taxes to defray redevelopment costs. Lastly a Pitch Pool Program provides gap financing for small businesses to promote entrepreneurship in Downtown Moberly.

Further information on the CID programs can be found at

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