What does MERF mean in FUNDS

The Metropolitan Economic Revitalization Fund (MERF) is an initiative designed to provide financial resources to local government entities in order to promote economic growth and revitalize distressed areas of metropolitan cities. MERF grants are available for a variety of projects including infrastructure improvements, business assistance, job training, economic development programs, and more.

Local governments within metropolitan cities are eligible for MERF funding. Additionally, independent agencies and non-profit groups can be approved as sub-recipients if they demonstrate the ability to fulfill the project requirements of the grant.

The exact amount of money that can be requested through a MERF application depends on the size and scope of the project being proposed. Generally, applicants may request up to $2 million in grant funds.

Projects must meet criteria related to neighborhood revitalization and economic growth in order to be considered for funding approval. Eligible projects include those focusing on mixed-use development; housing; job training; public safety; transportation infrastructure; environmental remediation; energy efficiency measures; and other activities that contribute directly or indirectly toward neighborhood improvement or economic development.

Yes. In addition to submitting a proposal outlining their project’s goals and objectives, applicants must also submit documentation demonstrating that both their organization and project meet specific criteria established by the Metropolitan Economic Revitalization Fund program guidelines. Completed applications must be submitted according to deadlines specified by each fund cycle.

By providing access to resources that will facilitate growth initiatives throughout metropolitan areas, participating organizations benefit from reconnecting with their local communities while deepening ties between businesses, government agencies, and nonprofit groups within those areas.

Prospective applicants should review all aspects of the grant application process before beginning work on developing their proposal. Information regarding METRO’s eligibility requirements as well as guidance related to preparing successful applications can be found on METRO’s website at www.[METROWEB URL]. Additional questions may also be directed via email at [METRO EMAIL ADDRESS].

Yes! METRO offers technical assistance meetings throughout each year with staff members available to answer prospective applicant questions about program requirements in advance of submitting an application. All meetings are free and open to anyone interested in finding out more about how they could potentially benefit from participating in this initiative.

Typically decisions on submitted applications occur within 30 days after initial review takes place if no additional information is required from potential recipients/sub-recipients during that time period. If further information is needed during initial review process times may vary depending upon when needed documents are received by METRO staff members conducting reviews..

Yes! Facility tours are offered upon request as well as other forms of assistance which allow interested parties a chance to explore what partnerships or extra support might exist in order make their proposed projects become reality - whether they originate externally (example – via private sector) or internally (example – another gov entity). These services are free but it is important interested parties contact METRO staff ahead of time since appointments capacities do fill up quickly due to high demand.