The Downtown Façade and Building Stabilization Program offers a three-year, interest-free deferred loan for façade and/or building stabilization improvements to existing properties within the Downtown Community Redevelopment Area ("Dowtown CRA"). The Program, which was approved by the CRA on July 30, 2012, provides assistance with costs related to exterior physical improvements throughout the entire Downtown CRA, as well as building stabilization improvements within the Parramore Heritage Area of the Downtown CRA. The Program offers matching funds to off-set the costs of eligible improvements.

421 West Robinson Street, Inc. owns the property at 421 West Robinson Street, Orlando, FL 32801for which The Leak Doctor, Inc. has applied for assistance under the Program. Work to be covered using Program funds will include replacement of the roof and A/C system.

The Program provides an opportunity for the CRA to reimburse up to 50 percent of the project cost, based upon the lowest estimates, but not to exceed $40,000.00 for eligible properties making stabilization improvements to commercial buildings within the CRA’s Parramore Heritage Planning Area. The applicant's capital investment for the proposed improvements is estimated at $31,300.00, which is the lowest of three contractor estimates provided for roof and A/C improvements, thus they are eligible for funding assistance of up to $15,650.00.