Commercial Property Improvement Program (CPIP)
The City of Pensacola Community Redevelopment Agency’s Commercial Property Improvement Program (CPIP) helps business and property owners restore and improve commercial / non-residential buildings and historic cemeteries. The program supports the preservation of existing properties, encourages reinvestment and reuse of structures, and helps reduce blight. By investing in our neighborhoods, CPIP also contributes to the preservation and enhancement of the tax base, helping our community continue to grow and thrive.
What the Program Offers
The CPIP provides forgivable loans to help property owners make eligible improvements, including:
- Exterior repairs and enhancements that restore a building’s appearance, integrity, or character
- Improvements such as fencing, lighting, landscaping, signage, and pavement
- Other upgrades that enhance the property’s street presence and support reuse or reactivation
Funding Amounts
Funding amounts are based on the property’s size, age, and cultural or historical significance:
- Up to $150,000 for commercial and other non-residential properties
- Up to $100,000 for cemetery projects, depending on the level of improvement needed
Match Requirement
Applicants are required to contribute a matching investment of 10–20%, depending on property ownership type (please see the guidelines below for complete details).
Eligibility
To qualify, the property must be used for a non-residential purpose and located within an eligible CRA target area.
Use the interactive Search Tool or review the documents below to confirm eligibility: