Purpose
As neighbors dedicated to the growth, improvement and future of the Mt. Ida community, Phi Sigma Kappa Fraternity at RPI is sponsoring a $50,000 grant program to improve the “quality of life” in the Mt. Home-owners, landlords, business owners and non-for-profits, will be eligible to apply for a grant up to the amount of $1,000. Grants can be used for Home Improvement / Historic Restoratio
n, Neighborhood Beautification Projects, Maintaining Community Parks and Green Spaces, Not-for-profit programs which service residents of the neighborhood. individuals, businesses, or organizations who live and/or work in or near the Mt Ida micro grant target area. How Much Money Can I apply for? The maximum grant award to any Individual, business or organization is $1,000. Applicant funding requests will be as follows: Home-owners: up to $1,000, Business Owners: 50% match up to $1,000, Land-lords: 50% match up to $1,000, Churches and Not-for-Profits: up to $1,000
What can the money be used for? The money has to be used on projects or programs that improve the quality of life in the Mt Ida Neighborhood. Here are some projects/programs that qualify:
Exterior Home Repair - Painting, Siding, Window Replacement, Roof Repair, Masonry repair, sidewalk improvements, etc. Interior Home Repair - Painting, Energy improvements, Insulation, code compliant repairs, plumbing, etc. Street scape/Green space improvements – Flowers, Planters, Garbage Cans, Public Murals, Improved Signage, etc. Social Programs - Food pantries, After school programs, Substance abuse programs, Neighborhood watch, etc. How Do I apply? Fill out an application. Click on the "Sign-up" button to download the grant application
How often is money awarded? Money will be awarded once a year in May. Each year up to 10 projects will be funded. Applicants must submit a completed grant application in April to be considered for the current years funding requests. How are applications evaluated and award recipients determined? All applications will be reviewed by an award committee. The committee is comprised of people who live and work in the Mt Ida Neighborhood and chaired by a Phi Sigma Kappa Alumni representative. Members of the committee are, local business owners, local residents and local not-for-profits. All applications will receive a score between 0-100 determining their overall impact on the Mt. Ida Neighborhood. The scoring system will be included in the grant application. The top 10 applications receiving more than 5 points in each category and a score of 75 or higher will be awarded a grant. How are funds disbursed? The maximum grant award to any Individual, businesses or organization is $1,000. All projects/programs must be completed or operational within 120 days of award. Funds will be disbursed as follows:
Home-owners: 50% at start of project, 50% after completion
Business Owners: 100% at completion
Land-lords: 100% at completion
Churches and Not-for-Profits: 50% at start of project, 50% after completion
