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Commercial Property Compliance Assistance Program aflaa•l-" CP-CAP assists commercial properties in their recovery efforts due to the hardship onset of the COVID-19 pandemic. The enhancements approved by the Planning and Building Agency will be eligible to receive up to $50,000 for facade and eligible improvements. Each applicant must provide proof of initial investment and commitment to make property improvements. The goal of CP-CAP is to facilitate commercial revitalization; stimulate private investment; preserve and beautify the commercial corridors; and generate shopping and a pleasant walking environment by improving the visual aesthetics of commercial building facades through the use of the City's Revive Santa Ana - American Rescue Plan Act funding allocation. Additionally, CP-CAP will help create a pedestrian - friendly and aesthetically pleasing environment for residents, visitors, and tourists, and may also create substantial economic benefits for merchants and property owners as a result of increased interest and activity in the area. By stimulating private investment and customer patronage, CP-CAP adds value to the City's economy and enhances the community experience. The objective of CP-CAP is to assist in restoring, substantially beautifying, and/or enhancing the entire facade or elevation of a commercial building. SOURCE OF FUNDS CP-CAP is being funded by the American Rescue Plan Act (ARPA) Fiscal Year 2021-23. The funds are allocated through the Revive Santa Ana initiative. CP-CAP will only fund projects that significantly improve the visual appearance of the entire facade of the property as viewed from the street. The following section provides details regarding the program's criteria for eligibility and the approval process. Only one grant will be awarded per building within a five (5) year period. APPLICANT ELIGIBILITY REQUIREMENTS PROPERTY OWNERSHIP The applicant(s) must be the current property owner(s). The existing deed must list all current owners of the property. Property owner(s) shall be construed to be any person(s) or legal entity that holds title to the subject property. In the case of multiple ownership, the signature of each titleholder is required on all appropriate documents. DISCLAIMER: The submittal of information herein does not guarantee any award of funding from the City of Page 14 Santa Ana or constitute a financial commitment thereof. Grant funds are subject to applicable federal and local funding limitations and the City of Santa Ana's verification of various eligibility requirements.