Lebanon city was awarded $1 million Friday towards construction of a downtown Lebanon parking garage in the 2025 round of Redevelopment Assistance Capital Program grants.
According to its website, RACP is a state program that partially funds “regional economic, cultural, civic, recreational, and historical improvement” projects that have “a regional or multi-jurisdictional impact, and generate substantial increases or maintain current levels of employment, tax revenues, or other measures of economic activity.”
Lebanon mayor Sherry Capello said in a press release that developers and business leaders have been consistent in their message that additional long-term parking is needed before they are willing to make significant private investments in downtown Lebanon…