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Letters of intent are due by 4 p.m. May 6. Applications must be submitted by July 1. For more information, visit in.gov/ocra/hrgp.htm.
The Indiana Office of Community and Rural Affairs is now accepting letters of intent for its new Historic Renovation Grant Program.
The goal of the program is to preserve and rehabilitate historic properties as a way to further incentivize downtown economic development.
“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,” said OCRA’ s executive director, Bill Konyha.
During the 2016 legislative session, the Indiana General Assembly approved legislation allocating $1.2 million in funding for the program, to be administered by OCRA. Applications for the program, previously known as the Historic Tax Credit Program, will be reviewed by the Indiana Department of Natural Resources’ Division of Historic Preservation and Archeology.
Applicants within an Indiana Main Street or non-entitlement community have the opportunity to apply for project funding from $10,000 to $100,000, or a maximum of 35 percent of the total eligible project cost. Applicants may be an individual, partnership, firm, association, joint venture, limited liability company, corporation or nonprofit affordable housing organization.
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