This work may include physical accessibility issues. Also, eligibilities are pro forma analysis and financial feasibility studies. Eligible buildings and sites must be in the community's central business district. All projects must be completed within one year of the award date. Partial funding may be awarded.
Funding is provided on a reimbursable basis upon approval of the final products.
The Project Sponsors also have other grant programs which can assist with preliminary engineering, design, architectural and financial feasibility projects. The fund can be used to help plan for rehabilitation and construction of properties, as well as strategic and land-use planning for downtown areas, historic districts and communities. Projects must be of public benefit. Projects must be of historic value. This fund may be used with the Fund for Historic Downtowns as match or an additional layer of financing.