INDIANAPOLIS – The Historic Renovation Grant Program will open for applications on July 6, according to Lt. Gov. Suzanne Crouch and the Indiana Office of Community and Rural Affairs. The program is designed to preserve and rehabilitate historic properties to further incentivize downtown economic development across Indiana.
“Indiana is home to many beautiful, historic buildings, however maintaining these structures can often be costly,” Crouch said. “This grant provides financial support to communities to carry out necessary projects for their historic buildings, helping keep Indiana’s rich history alive.”
Applicants with an eligible historic commercial structure can apply for project funding between $5,000 and $100,000. The request must be no more than 50% of eligible project costs, with the local match being greater than or equal to 50% of the total eligible project costs.
“The Historic Renovation Grant Program has already helped many communities around the state preserve and restore important structures,” said OCRA Executive Director Denny Spinner. “The program will have a lasting impact and help keep history alive within the communities awarded.”
Since the creation of HRGP in 2016, OCRA has funded 71 projects for over $4 million in state funds and leveraged more than $25 million in private investment.
To be considered for funding, applicants must receive an approved Certificate of Approval from the Indiana Division of Historic Preservation and Archaeology by Aug. 28, 2022. Completed grant applications must be received by OCRA before 4 p.m. ET on Oct. 5, 2022. Eligible applicants include non-profits, individuals, partnerships, firms, associations, joint ventures, limited liability companies, corporation or non-profit affordable housing organization.
For more information, visit in.gov/ocra/hrgp.
SOURCE: News release from Indiana Office of Community and Rural Affairs