Commercial Property Improvement Program

The Redevelopment Authority of Prince George’s County (RDA) has announced the recipients of the 2024 Commercial Property Improvement Program (CPIP) grants, totaling $1 million in funding. This initiative aims to revitalize underperforming retail centers and main street storefronts by supporting exterior façade enhancements, placemaking, lighting, and major building systems improvements. The program requires a 50% applicant match, ensuring that each project demonstrates a strong commitment to community and economic development

The CPIP is part of a broader strategy to boost the economic performance of retail centers, especially those in high-visibility areas. By providing these grants, the RDA seeks to enhance the retail experience for Prince George’s County residents and attract new businesses to the area.

Congratulations to the 2024 Awardees

We extend our heartfelt congratulations to the 2024 CPIP awardees for their dedication to improving the commercial landscape of Prince George’s County. Their projects will not only enhance the aesthetic appeal of their properties but also contribute to the economic vitality of their communities.

The CPIP will require a 50% applicant match for all program funding awarded to approved shopping centers and retail space for eligible improvements. Therefore, applicants must be able to pay for half of the total project cost in order to apply for the CPIP funding. The minimum grant is $50,000 for $100,000 in total project costs and the maximum grant is $350,000 for $700,000 or more in total project costs.

The goal is to select applicants with the strongest market potential for investment. Commercial space occupied exclusively by places of worship or non-retail uses will not be funded. Shopping center owners who were the recipients of the 2019, 2020, 2021, 2022 or 2023 CPIP funding are not eligible to apply for this year’s funding.

While CPIP will reimburse up to 50% of approved construction costs as costs are incurred and documented, architectural design and permit costs will not be reimbursed until after construction is completed. In addition, construction on the approved project must begin within 90 days after grant approval and must be completed within 180 days after approval. Incomplete submissions will not be accepted.

Questions/Inquiries related to the CPIP Program can be emailed to:

CPIP@co.pg.md.us or Voice Mail 301-883-3623