Historic Renovation Grant Opens For Applications

Those with an eligible historic commercial structure will be available to apply for project funding between $5,000 and $100,000 at a maximum request of 50 percent of the total eligible cost.

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(Indianapolis, Ind.) – A grant to help Hoosiers preserve and rehabilitate historic properties to further incentivize downtown economic development is now available.

Lt. Governor Suzanne Crouch and the Indiana Office of Community and Rural Affairs announced today that these applications are now being accepted for the Historic Renovation Grant Program.

“Our downtowns and Main Streets are the heartbeats of our cities and towns,” said Lt. Gov. Crouch. “These grants will help local communities maintain their historic properties, celebrate their rich history, and update the exterior structure to ensure these properties are around for generations to come.”

Those with an eligible historic commercial structure will be available to apply for project funding between $5,000 and $100,000 at a maximum request of 50 percent of the total eligible cost. Eligible applicants include non-profits, partnerships, individuals, associations, firms, limited liability companies, joint ventures, corporations, or non-profit affordable housing organizations.

“Especially in this current economic climate, attracting visitors to our downtowns is crucial for economic development,” said Matt Crouch, Interim Executive Director of OCRA. “Any eligible historic commercial structure in Indiana is encouraged to apply.”

In order for properties to be eligible for the program, they must be at least fifty years old and either listed on the register of Indiana historic sites/structures, be listed or eligible for the National Register of Historic Places, or be listed as a contributing resource in a National Register District.

With applications being accepted on a rolling basis, they can be submitted at any time.

Property owners that meet the requirements of eligibility must submit an application and all supporting documentation to apply.

Find more information www.in.gov/ocra/hrgp.