Lt. Govermor Awards twelve Historic Renovation Grants, Including Terre Haute
INDIANAPOLIS (July 20, 2020) –Today, Lt. Governor Suzanne Crouch and the Indiana Office of Community and Rural Affairs announced that twelve properties will receive funding through the Historic Renovation Grant Program. The awards include one property from Terre Haute!
511 Inc. is awarded $30,000 for a roof replacement of 511 Wabash Ave, which is a neoclassical building in the City of Terre Haute. This 1892 building was originally constructed as a bank but in 1993, it underwent a historic rehabilitation to house the law firm of Cox, Zwerner, Gambill, and Sullivan. That firm will continue to occupy the building.
“Join me in congratulating these 12 business owners for receiving funds from the Historical Renovation Grant Program,” said. Lt. Gov. Crouch. “Preservation efforts like this ensure a future for our many vacant, neglected or historic properties that might otherwise be lost.”
The Historic Renovation Grant Program, in its fourth year, is a comprehensive grant program designed to preserve and rehabilitate historic properties in order to further incentivize downtown economic development. The funding for this year has been exhausted through the projects listed below and the program is now suspended until more funding is allocated next legislative session.
“We are excited to fund projects that stretch across the state, from New Albany to Wabash, both small and large projects,” said Matt Crouch, Interim Executive Director of OCRA. “These projects help preserve pieces of Indiana’s rich history to be enjoyed by residents and visitors for generations to come.”
Eligible properties for this grant program must be at least fifty years old and either listed on the register of Indiana historic sites/structures, be listed or eligible for the National Register of Historic Places or be listed as a contributing resource in a National Register District.
Eligible applicants include non-profit, individual, partnership, firm, association, joint venture, limited liability company, corporation, or non-profit affordable housing organization. Applicants with an eligible historic commercial structure can apply for project funding between $5,000 and $100,000 at a maximum request of 50 percent of the total eligible project cost. For more information, visit www.in.gov/ocra/hrgp.htm.
Each property received funding for the renovation and preservation of exterior features. Such renovations include roof replacement, masonry restoration, repair and replacement of doors and windows, façade renovation, and/or chimney improvements.