Board and Liaison Updates City of McKinney Community Development Corporation Visit McKinney MEDC Committee Updates Board Chairman

The McKinney Community Development Corporation (MCDC) is providing updates on its grant programs and upcoming events. Key activities include:

• Promotional and Community Event Grants: Fourteen applications were received for the first cycle, with board action pending on January 22. Maximum award is $15,000 for advertising and promotional activities. Several events are listed, including farmers markets, workshops, and festivals, with MCDC funding amounts ranging from $5,300 to $15,000.
• Project Grants: Applications for the first cycle closed on December 30, with public hearings scheduled for January 22. Board action will occur on February 26. Three major project grant applications were received totaling over $16 million, primarily for infrastructure improvements related to senior living and mixed-use developments, and construction of restroom facilities at Chestnut Square Heritage Village.
• Retail Development Infrastructure Grants: Applications for this matching grant program (up to 75% of eligible expenses, max $50,000) are open until January 30, focusing on exterior infrastructure like sewer, water, and site work.

The total budgeted funds for Cycle 1 and Cycle 2 of the Promotional and Community Event Grants for FY2026 is $250,000.

Residents can benefit from a variety of community events and festivals supported by MCDC grants. Additionally, infrastructure improvements funded by Project and Retail Development grants may lead to enhanced services and development in the community.

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