Seattle’s Office of Economic Development has detailed $1.3 million in support for neighborhood businesses — including $215,000 for the Central District and $90,000 for Capitol Hill — as part of the Only in Seattle program.
The city says the recipient “local business communities in 17 neighborhoods” are working on “comprehensive, multi-year strategies” for economic vitality and small business stability.
The money can be put to use for improvements in the “public space” that often is utilized as funding to drive studies for wanted improvements to streets or assets like parks. Money can also be earmarked for “action plans” to drive events benefitting local business communities like festivals and seasonal promotions.
The Only in Seattle grants are also distributed with an emphasis on social equity. More than $1 million of this year’s allocations were made to neighborhoods considered “equity districts” like the CD and Rainier Beach.
The OED says that in the Central District, the Central Area Collaborative is an example of the kinds of efforts Only in Seattle funding can help power. Born with the creation of the 23rd Avenue Action Plan in 2013, the Collaborative is now part of a commercial revitalization plan (PDF) in the CD.
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