"We've all noticed the improvements," Councilman John Redding said.
This year's program would operate the same as last year's did if the state awards the grant.
Property owners would be able to receive up to $2,000 in matching funds from the grant. If a project costs $4,000, the owner would be eligible for $2,000 in grants. If it costs $2,000, the owner could get $1,000.
Property owners can receive an additional $500 for an awning or sign and $200 for architectural drawings, as the grant proposal is written. That means each property owner can receive a maximum of $2,700.
It will be several months before the borough is told whether it will receive the grant and the money becomes available.
Property owners in the primary downtown business district, between Falling Spring and Liberty Street, will be eligible for the grants.
They will have to pay $100 to apply for the matching funds, which will be handed out on a first-come, first-served basis.
A design review committee will work with the property owners on their plans.
No one was sure if the program would be attractive to property owners when first applying for the grant last year, but the rapid response proved its allure.
Last summer, 27 Main Street property owners applied for grant money in the first three months and all were approved.
Between the grant and property owners, improvements - including painting, awnings and cornice work - totaled about $137,000.