Improving Hillsborough Street [cont.]
A Business Improvement District (BID) for Hillsborough Street is being established to help revitalize areas along the street. The new BID, known as the Hillsborough Street Community Services Corporation, is a funding mechanism used to provide revenue for a variety of services that enhance existing municipal services. Additional revenue collected from special assessments on property owners is used for maintenance, business recruitment, advocacy, management, marketing, security and other services. NC State is playing an active role by partnering with the City of Raleigh to fund the BID start-up during the interim period before tax revenues are available.
Find out more: http://www.hillsboroughstreet.org/