Economic Development

Local Grants

Revitalization Grant Program (Residential and Commerical) –This grant was established to provide some assistance to property owners who demolish an existing structur or clearns a burnt strucutre.  The structure needs to be clearned of debris, leveled and seeded and/or replaces.  This grant will pay 50% of labor/waste disposal fees for any demolition up to a maximum of $1500 or $500 to rehabilitate a structure that is causting a health hazard.  The grant willbe provided for 50% of services purchased.  The fee will be rebated by way of a grant as approved by the City of Marshall Economic Develoment Commitee.

Utility Grant Application - This grant was established to help new businesses with their utility costs. Based on job creation, the grant will pay up to $1,200 per year.  The grant can be applied ot the business applicant's utility account or be used towards utility hook-up fees for a new business. If payment defaults or you have a late payment you forfeit the remainder of the grant.  All applications will be reviewed and approved by the City of Marshall's Economic Develoment Commitee on a case-by-case basis.  Grants will be awarded on a first come/first serve basis as long as funds are available.

New Construction Grant Program - This program is designed for new construction within city limits. The incentive provides up to $1000 for single family home.  $500 per unit for a multifamily home.  $2,500 for new construction businesses.  The grant is for a 30” culvert and backfill, electric meter box fees, water meter fees, sewer tap fess and gas line up to 2.25 per foot and meter fees.  The fee will be rebated by way of a grant as approved by the City of Marshall Economic Development Committee.

For further questions about Economic Development in the City of Marshall please contact the Economic Development Director .