KGNU among recipients of Boulder commercial property grants

BOULDER — Three organizations split $840,000 in grants from Boulder’s Affordable Commercial Pilot Program, which helps small businesses and nonprofit groups pay for rent and improvements to commercial buildings.

The recipients, according to a city news release, were:

• KGNU received a grant to support the renovation of the radio station’s new 10,000-square-foot community media center located at 1720 14th St. In addition to a long-term home for KGNU, this project commits affordable space for a café tenant and low rates on performance and meeting spaces for arts groups and nonprofits.
• Top Hat Supply for Journeys received a grant to support capital improvements and rent subsidies aimed at revitalizing the East Pearl location at 1721 Pearl St. This space will house a nonprofit dedicated to an incubator space for artists to launch their businesses. It will offer affordable studio and gallery representation, host monthly open studio hours for artists and facilitate community-driven cultural events.
• The New Local received a grant to support heating upgrades for a space at 713 Pearl St. and was awarded a rent subsidy over at least the next five years. This funding will allow The New Local to maintain low fees for the women-owned small businesses it supports.

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