Commercial Property Improvement

The Winston Salem City Council has approved several important initiatives that create and retain job opportunities in our community and neighborhoods. These programs help develop businesses and revitalize property which in turn augments the city tax base.

These programs are available in the city's designated Neighborhood Revitalization Strategy Area (NRSA), which is approximately bounded by Waughtown Street to the south; the Smith-Reynolds Airport area to the north; U.S. 52 to the west; and Brushy Fork Creek to the east. Please review the NRSA map [pdf] to see if your business or property is located in the assistance area. The area includes a number of specific Census tracts which can be found on the NRSA Census Tract Listing [pdf].

The following programs provide financial assistance to businesses and individuals within the NRSA:

  • Revitalizing Urban Commercial Areas (RUCA) Program provides funding for the rehabilitation and improvement of commercial districts in specific distressed urban areas of the City. For more information, go to the RUCA Program.  
  • NRSA Building Rehabilitation Program provides financial assistance to commercial and industrial property owners for building rehabilitation and site improvements within distressed areas. To learn more, go to the NRSA Building Rehab Program.

Building rehabilitated

860 West Fourth Street (above) was rehabilitated in part through the NRSA Building Improvement Program.

Notify me of page changes

Receive E-Mail Notification When New Information is Posted on this Page
As a member, enjoy the benefits of MyCityofWS, including your choice of newsletters, and notifications about events and site updates. Login and Manage Your Subscriptions Now.