GRANTS INFORMATION

Grants for Historic Properties Redevelopment Programs (Revolving Funds) Announced

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The 1772 Foundation has announced that grant funding will be made available for historic

properties redevelopment programs (see definition below) throughout the United States.

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Organizations that wish to be considered should send a one-page letter of inquiry to:
ethiel@1772foundation.org

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Letters of inquiry will be accepted until October 13, 2023.

Please read the announcement for details.

The Foundation will consider requests for the following:

• Grants for feasibility studies for established preservation organizations which are considering starting historic properties redevelopment programs

• Grants to increase the capacity of existing historic properties redevelopment programs

To be eligible to apply, an organization must have a 501(c)(3) IRS designation.

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What is a historic property redevelopment program or a revolving loan fund? How can your organization transform older properties into homes, businesses, and assets for your community?

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A historic properties redevelopment program (revolving fund) is an active real estate-based program for protecting endangered properties using techniques such as: options, purchase/resale, easements and tax credits. These historic structures ultimately are returned to the private sector with deed restrictions in place. Any proceeds realized from transactions are “recycled” to sustain the proactive preservation efforts of the program. The goal of these programs is community redevelopment using historic preservation as a tool.

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A project of The 1772 Foundation and the National Preservation Partners Network, a new online resource guide is a compilation of practical experience, profiles, and tools to inspire, inform, and aid. It is also a work in progress. As more sections are written, functionality will be increased, so check back often. Have a project, story, model, or tool you want to share? Email rharris@prespartners.org