City of Buchanan Downtown Restaurant Incentive Program

The number one theme from a City of Buchanan resident survey conducted in February of 2021 and answered by 481 respondents identified a yearning by residents for more downtown dining options.

The City of Buchanan Downtown Restaurant Incentive Program is designed to incentivize prospective and existing food-related businesses to create jobs, attract new business, drive economic growth as well as to create a special downtown dining experience in Buchanan for residents and visitors alike. Forgivable loans are provided to property owners or commercial tenants in recognition of the positive impact that business can have on quality of life, cultural experience, and economic vitality of downtown Buchanan.

The primary purpose of this program is to implement new restaurants in the downtown district. However, this program may also be available to existing businesses who make significant added value improvements to the dining experience and/or applicants outside of the Central Business C-3 in cases where the applicant can show that eligible improvements provide significant added value investment that positively impacts the community.

Please see the attached form for more information and the application.