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« Interior and exterior building renovations for commercial and mixed-use spaces, e.g. fagade/storefront renovations, permanently affixed signage and awnings, commercial interior fit-out, HVAC, MEP, and other permanent building i improvements © Upper-story residential improvements e , Permanent commercial machinery and equipment, that is integral to the business and not a replacement of existing equipment unless it allows for rmore/new products to be offered and has a useful life of more than one year. and an acquisition cost of $2,000 or more per unit ¢ Soft costs — architectural, engineering, environmental © Public art 1.c.3 Ineligible Activities e Ineligible uses of funds include: acquisition costs; improvements to structures owned by religious or private membership-based organizations, improvements to municipally owned and municipally operated buildings; furnishings, appliances, electronics, tools, disposable supplies, incidental business equipment, non-permanentfixtures, temporary artwork. e - Funds may not be used for site work or ancillary activities on a property including but not limited to: septic systems/laterals, grading, parking lots, sidewalks, garages, sheds, landscaping, fences, general maintenance or repairs. e ~ Ineligible business activities include: inventory, rent or lease expenses, working capital or other undefined expenses that do not sustain business operations. ¢ Funds cannot be used for participant, participant’s family or participant’s staff labor. In-kind labor and the reimbursement for materials only is also not eligible. 1.c.4 Available Funding * Building Renovation " The LPA may award between $25,000 - $15000 in Program funds, per building, not to exceed 75% of the total eligible project cost. Building renovation funds may be used to renovate facades, storefronts and commercial interiors, with an additional $25,000 per residential unit up to a per building maximurn of $200,000, not to exceed 75% of the total project cost. © Minor Projects « The LPA may award between $10,000- $25, 000 in Program funds, per project, not to exceed 75% of the total eligible project costandnotto exceed $100,000 in Program . funds. Activities may include signage, awning, and painting. e Small Business Assistance «The LPA may award between $5,000 - $50,000 in Program funds, per project, not to exceed 75% of the total eligible project cost. Small Business Assistance funds may be used for permanent machinery and equipment. The minimum match requirement is 25% of the total project cost. Match requirements must be realized on a building-by-building basis and are calculated using the total project cost. In-kind match is not eligible. Costs incurred prior to the effective date of the grant agreement are not eligible for reimbursement and not éligible as a match. © Soft Costs * Eligible soft costs include Architecture, Engineering, and Environmental Testing expenses. * Soft costs must be included within per builling activity funding limits identified : above and may not exceed 18% of the awarded funds. * . Soft costs require matching funds, and in-kindmatch is not eligible. 20250577-- New York Forward (NYF) Schedule B Page 2 of 9