The Retail Investment Fund (RIF) is limited to funding retail development projects, located in neighborhood business districts. These businesses cannot be home-based.
The size of a RIF grant is determined by the size of the project, private investment, and job creation. In most areas there is a $5,000 per FTE job grant limit. Projects in Targeted Investment Neighborhoods (TINs) are eligible for up to $6,000 per FTE grant.
The RIF program is a reimbursement program. The grantee will be reimbursed for eligible pre-approved grant related expenses. Grant funds cannot be disbursed until all conditions of the grant contract have been fulfilled, including job creation.
Guidelines and application
If you have trouble downloading these documents, please email Kenneth.Little@milwaukee.gov.