The Indiana Office of Community and Rural Affairs (OCRA) is looking for eligible property owners to submit letters of intent for a new grant program. The Historic Renovation Grant Program aims to “preserve and rehabilitate historic properties and further incentivize downtown economic development.”
The Indiana General Assembly approved legislation this year that allocates $1.2 million in grant funding. Applications will be reviewed by the Department of Natural Resources Division of Historic Preservation and Archaeology and the funds will be administered by OCRA.
“OCRA continues to invest our time and resources into creating hometowns that are positioned for economic growth,” said OCRA Executive Director Bill Konyha. “Through OCRA’s Historic Renovation Grant Program, communities have the opportunity to enhance their existing assets and thus produce a quality of place that continues to attract businesses, visitors and residents.”
Applicants can apply for project funding between $10,000 and $100,000 at a maximum request of 35 percent of the total project cost. Letters of intent must be submitted by 4:00 p.m. on May 6.