| The City of Urbana is pleased to announce the creation of the Gallery District Incentive Program. This program provides guidelines whereby an art gallery owner and a building owner can jointly apply for rent subsidy within Tax Increment Finance District 1 (TIF 1) or Tax Increment Finance District 2 (TIF 2), which encompass most of downtown Urbana.
This program will provide art gallery businesses within the designated area a 12 month subsidy of up to 50% of the monthly rent amount, up to a maximum of $600 per month. The recipient must enter into at least a two-year lease agreement, and must submit a business plan evidencing the ability to pay the full monthly rental amount following the subsidy period. Through this program, applicants may also request a $2,000 start-up grant to be used for costs associated with relocation, advertising, and tenant improvements. |
![]() Cinema Gallery and Heartland Gallery on Main Street, downtown Urbana
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