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Indiana Office of Community & Rural Affairs

OCRA > Community Entrepreneurship Initiative Community Entrepreneurship Initiative

HISTORIC RENOVATION GRANT PROGRAM

Purpose
To preserve and rehabilitate historic properties in order to further incentivize downtown economic development.

Important 2016 Dates

• April 13: Workshop
• May 6: Letter of Intent Due to OCRA by 4pm EDT
• July 1: Applications are due by 4 p.m. EDT to OCRA
• August 1: Recommended applications submitted to DNR for review
• September 9: DNR review completed and sent to DNR Historic Preservation Review Board for final review
• October 19: DNR Historic Preservation Review Board meeting
• October 27: Funded projects announced via press release

Applicant Eligibility

Eligible applicants must meet the following requirements:
• Located in Indiana within a designated Main Street city or Town
• Non-entitlement community in accordance with HUD listing
• Listed on
Be one of the following:
• Individual
• Partnership
• Firm
• Association
• Joint Venture
• Limited liability company
• Corporation
• Non-profit affordable housing organization  
• Cannot have received funding from the Historic Renovation Grant Program in their community in the previous 3 years
• More than one application can be submitted by the same person
• No more than one application can be submitted for the same property

Property Eligibility
Eligible properties must meet the following requirements:
• At least fifty (50) years old
• Listed on register of Indiana historic sites and historic structures
• Listed or eligible for the National Register of Historic Places
• Listed as a contributing resource in a National Register District
Historic Property MUST Be:
• Actively used in trade or business
• Held for the production of income
• Held for the rental or other use in the ordinary course of the person’s trade or business
• Following guidelines established by Secretary of Interior
• Reviewed by State Historic Preservation Officer upon submission
Project Eligibility and Ineligibility
Eligible activities are limited to the exterior and include measures to sustain the form, integrity and material of a building or structure including stabilization and maintenance of historic building matter
Examples of eligible activities are:
• Windows, doors, and historic entryways
• Brick rehabilitation and tuck-pointing
• Roof replacement and rehabilitation
• Exterior foundation rehabilitation
• Exterior foundation rehabilitation
• Rehabilitation of architectural characteristics

Examples of Ineligible activities are:
• Property acquisition
• Payment of taxes
• Enlarging or expanding existing structures
• Real-estate fees
• Paving and landscaping and costs
• Sales and marketing costs
• Any construction completed prior to grant award
• Interior Renovations
• Equipment purchases
• Increase value with intent to sell

Funding and Distribution
• Grant requests between $10,000 and $100,000 will be accepted
• Eligible requests must be no more than 35% of eligible project costs
• Local match must be greater than or equal to 65% of total eligible project costs
• Local match must be provided by the applicant or a third party with documentation provided at time of LOI and also included in application
• Ineligible expenses may be included in the project summary but will not count towards the eligible local match

Program and Submission Guidelines
Application must include:
• Four hard copies: 1 with ink signatures and 3 copies
• 1 Digital copy via thumb drive or disc
• Letters of Intent and Applications must be submitted to:

 Office of Community and Rural Affairs
 One North Capitol
 Suite 600
 Indianapolis, IN 46204
 Attention: Adam Moschell

Resources
Historic Renovation Grant Program Information
Historic Renovation Grant Program Letter of Intent
Historic Renovation Grant Program Application

If you have questions about this program or need other assistance, please contact your OCRA Community Liaison.