Contact will be made explaining the scheme and where shopkeepers or owners express an interest, an experienced firm of decorators will prepare estimates for work.
Funding applications will then be submitted to relevant bodies and planning consent applied for. The work will then be carried out by experienced local firms.
A spokesman for the Community Council said: "It is felt that many premises in Maybole High Street would benefit from a facelift and the Community Council hopes that by working together, effective action can be taken to improve the look of the High Street.
"Maybole High Street, of course suffers in many ways from the heavy traffic and one of the effects is wear and tear on shop front premises. We hope that this initiative will improve the situation.
"We are also working with South Ayrshire Council to look at some vacant premises to see if their owners can be traced and persuaded" to take action to improve the condition of these premises.
"When this is done, some empty premises will be identified where decorative vinyls can be applied commemorating the Year of Homecoming to take the empty look away from those premises and provide a colourful display in their windows.
"The Community Council has been working with an organisation which successfully did this in empty premises in Glasgow City Centre."
Although letters will go out in the next few weeks, anyone who wants to be involved in the initiative can email the Community Council at alan.murray49@btinternet.come for details.