Downtown Investment Grant (DIG)
Forecasted
Downtown Investment Grant (DIG) supports Virginia Main Street organizations in leading one-time downtown projects with local partners to advance revitalization and measurable economic improvement.
Funder: Virginia Department of Housing and Community Development
Due Dates (Anticipated): May 2027 (Application deadline)
Funding Amounts: Up to $75,000 per organization/project; projects completed within 12 months of contract start
Summary: Supports one-time projects that advance Main Street organizations’ downtown revitalization strategies through measurable economic improvement.
Key Information: Only designated Advancing Virginia Main Street organizations may apply, and the local Main Street organization must administer the grant.
Description
The Downtown Investment Grant (DIG) is offered through the Virginia Main Street program of the Virginia Department of Housing and Community Development. It funds unique, catalytic, one-time projects that advance a local Main Street organization’s goals and strategies in measurable, creative, and sustainable ways. Projects involve multiple downtown partners and active leadership from the organization’s board, committees, and volunteers.
DIG focuses on economic improvement in Virginia’s historic commercial districts. A project should address the organization’s transformation strategies or market-based goals, support the community’s vision for private investment, align with the organization’s mission, and appear in a written revitalization plan. Applications may combine activities if they form a single project.
