Financial Resources for Community Landmarks
New Hampshire Preservation Alliance Grants
Preservation Services Grant Program: The New Hampshire Preservation Alliance provides two types of small matching grants to assist non-profit organizations in hiring a consultant to assist with aspects of preservation planning.
- Our grant program provides matching funds for building assessments or re-use studies. Grants will range from $1000 - $4500, funded through a generous grant from LCHIP. The application and guidelines will walk you through the process. Grants go to about 100 community landmark project leaders each year to help them assess their historic structures, build new business plans and capital campaigns, and secure new investors. With on-going funding support from the Land and Community Heritage Investment Program, the Alliance has helped provide “road maps” for 22 projects to date, and most have begun repair and weatherization work.
- Our mini-grant program is for smaller grants (up to $500) to help local organizations in the early stages of a project or at critical junctures with obtaining specialized advice from a professional. The overview and application will walk you through the process. (PDF) for an overview and application. Applicants are advised to schedule a visit with our staff. For questions call (603) 224-2281. Reading about a few of the past mini-grants winners for inspiration.
Barn Assessment Grant Program: The New Hampshire Preservation Alliance's Historic Barn Assessment Grant Program offers matching funds for the hiring of a barn restoration professional to assess your old barn and prepare an in-depth report. The assessment can include everything from recommendations on how to stabilize the structure to long term revitalization planning; general maintenance, budgeting, general upkeep and even analyzing reuse strategies. Grants are offered competitively and limited to barns and other agricultural outbuildings within New Hampshire that are at least 50 years old, or of exceptional significance. Additional consideration is given to barns still in agricultural use. For applications click here, or for more information, email the Project Director, (please include your full mailing address), or call (603) 224-2281.
Historic Preservation Funding Resources
I. NEW HAMPSHIRE-BASED GRANT OPPORTUNITIES
New Hampshire Preservation Alliance Small Grants Program offers matching grants to assist non-profit organizations in hiring a consultant to assist many different aspects of preservation planning.
Moose Plate Grants: The Conservation License Plate Program provides funds to supplement existing efforts to preserve New Hampshire resources, from scenic lands and wildlife to historic sites. Grants of up to $10,000 are made available to state and county agencies, towns and cities and non-profit organizations that operate or manage publicly owned and accessible historic properties and historic or archaeological artifacts.
NH Land and Community Heritage Investment Program (LCHIP): provides matching grants to public entities (other than state agencies) and non-profit organizations, to help communities acquire and preserve natural, cultural and historical resources. Current round is suspended until further notice. www.lchip.org. 224- 4113
NH Charitable Foundation and its Regional Divisions “The New Hampshire Charitable … matches community needs or problems with philanthropic resources, and turns them all into opportunities for effective social action.” Through their regional divisions, NHCF offers a cariety of grants, and lists Resources for Nonprofits on their website. www.nhcf.org or 225-6641
The New Hampshire Community Development Finance Authority (CDFA) provides financial and technical assistance to community development corporations, worker cooperatives, and certain municipal entities. CDFA is unable to assist for-profit businesses directly, but can work through a nonprofit partner. They fund major community development projects primarily with the Community Development Investment (Tax Credit) Program, a major source of support for affordable housing and economic development. www.nhcdfa.org (603) 226-2170.
The New Hampshire Housing Finance Authority is the state's housing advocacy agency, and has funding sources, including federal and state loans and grants, to support housing programs and projects. www.nhhfa.org
NH State Council on the Arts The Arts Council supports the efforts of arts and non-arts organizations and individual artists through a variety of grants. They have three main grant categories: arts organizations, individual artists, and arts partners (schools, state agencies, community nonprofits, history & farm museums, municipalities, health care providers, and nursing homes). (603) 271-2789, www.nh.gov/nharts.
The New Hampshire Coastal Program offers matching grants for technical assistance, planning/management, and construction/acquisition. N.H.’s 17 coastal cities and towns, the Rockingham and Strafford Regional Planning Commissions, state agencies, and non-profit organizations are eligible.
New Hampshire's Transportation Enhancement Act supports projects that preserve the historic culture of the transportation system. Project categories include: facilities, safety and education for bicyclists and pedestrians; easement acquisition for scenic or historic sites; scenic or historic highway programs (including tourist and welcome centers); rehabilitation and operation of historic transportation buildings or facilities (i.e.railroads and canals); environmental mitigation to address highway-created water pollution and establishing transportation museums. Citizens Guide - Transportation Enhancement
II. NATIONAL and FEDERAL GRANT OPPORTUNITIES
National Trust for Historic Preservation provides small grants for technical studies, historic structures reports, fundraising assistance, architectural/engineering plans, and other non-construction activities. The Trust's regional office staff can explain the program requirements and the application procedures. Specific funding programs of the National Trust include Hart Family Fund for Small Towns, which assists towns with populations of fewer than 5000 people with preservation and revitalization initiatives, Johanna Favrot Grants for preservation planning, and Cynthia Woods Mitchell Fund for Historic Interiors.
Preserve America The "Preserve America" initiative is a special program of recognition and grants developed by the Advisory Council on Historic Preservation and First Lady Laura Bush. Awards are made once a year. Advisory Council on Historic Preservation 1100 Pennsylvania Avenue, NW, Suite 809 Old Post Office Bldg, Washington, DC 20004 202-606-8503
The Community Development Block Grant program, administered by NH CDFA, provides federal funds to communities for housing, economic development, and public facilities for low- and moderate-income people. Feasibility Grants are available for project planning (including feasibility studies, surveys, and professional architectural and engineering services). Implementation grants provide substantial funding for construction and rehabilitation work. www.nhcdfa.org (603) 226-2170.
USDA Rural Development offers a variety of grant and loan programs. 2009 Rural Business Enterprise Grant Applications are now invited. Community Facilities Program funds support public safety, health care, cultural, educational and public buildings. The REAP Grant Program will provide grants for energy audits and renewable energy development assistance, and also provides funds to agricultural producers and rural small businesses to purchase and install renewable energy systems and make energy efficiency improvements. NH office: 223-6045
The Small Business Administration doesn't target assistance to historic preservation projects; but some of its grants, loans, business development or business management programs may assist the property owners overall enterprise, and as a by-product also help achieve their historic preservation goals. www.sba.gov
The American Association for State & Local History has a variety of programs and services (including consultant grants) for member organizations. www.aaslh.org
The Institute of Museum & Library Services funds a broad range of museum and library projects. They partner with the Foundation of the American Institute for Conservation of Historic and Artistic Works, Inc. Heritage Preservation to offer Conservation Assessment Grants.
The National Endowment for the Arts promotes excellence in design fields and has a variety of grant programs, but it does not fund capital construction.
The National Endowment for the Humanities has a broad range of grant programs to support projects in the humanities but does not fund capital construction.
Save Our History The History Channel supports local history education and historic preservation efforts in communities across America. Their Save Our History grants fund history organizations that partner with schools on a local community preservation project. During the 2009/2010 school year, History will award grants of up to $10,000 to historical organizations to fund hands-on, experiential educational projects that teach students about their local history and actively engage them in its preservation.
III. LOANS AND TAX INCENTIVE OPPORTUNITIES
Federal Rehabilitation Tax Credit
Federal law provides a federal income tax credit equal to 20% of the cost of rehabilitating a historic building for commercial use. To qualify a property must be a certified historic structure—that is, on the National Register of Historic Places or contributing to a registered historic district. (Non-historic buildings built before 1936 qualify for a 10% tax credit.) Work must meet the Secretary of the Interior's Standards for Rehabilitation. Apply through the NH Division of Historical Resources, or contact Peter Michaud 271-3583. In addition, the National Park Service's website offers helpful information on this tax credit.
Downtown Tax Incentive, RSA 79 E
Once this law is adopted by a municipality’s legislative body, a property owner who wants to substantially rehabilitate a downtown or village center building may apply to the local governing body for a period of temporary tax relief. The law is structured to encourage both rehabilitation of downtown structures, and housing in the downtown area. The temporary tax relief consists of a finite period during which the property tax on the structure will not increase as a result of its substantial rehabilitation. In exchange for the relief, the property owner grants a covenant ensuring the continuation of the public benefit during the period of the tax relief. Berlin, Concord, Hooksett, Lisbon, Manchester and Pittsfield are using this program to date.
National Trust Community Investment Corporation
The National Trust Community Investment Corporation, the for-profit subsidiary of the National Trust for Historic Preservation, makes equity investments in the rehabilitation of historic properties eligible for the 20 percent federal historic rehabilitation tax credit, and where available, state historic tax credits and the New Markets Tax Credit (NMTC). NTCIC invests in projects that have at least $6.0 million in total development costs and that generate at least $1.5 million in historic tax credit equity. Smaller deals will be referred to the Small Deal Fund for equity investment consideration. Tax-exempt nonprofit organizations and public-sector developers may be eligible for an NTCIC equity investment by creating a limited liability partnership. NTCIC has a special interest in those projects with a high community benefit.
USDA Rural Development offers a variety of grant and loan programs. NH office: 223-6045
NOTE: Some communities have their own grant programs (i.e. Main Street Façade Improvement Grants). Check with your municipality to see if local funds might be available for your project.
IV. PRIVATE AND CORPORATE GRANT OPPORTUNITIES
Community development grants available in the Eversource service territory on a rolling basis throughout the year for historic preservation and more. Contact Eversource's Community Development Manager, 603-634-2442 Eversource, 780 North Commercial St. Manchester, NH 03101
Jane’s Trust makes grants in Florida, Massachusetts, and the northern New England states of Maine, New Hampshire and Vermont, with four primary focus areas: 1. Arts and Culture; 2. Education, 3. Environment; 4. Health.
The Samuel P. Pardoe Foundation supports education, land resource management and social service programs in the Lakes Region New Hampshire.
Meredith Village Savings Bank Fund makes grants to support local community initiatives and non-profits that make a significant impact of communities that the bank serves. Grants range from $1,000 to $15,000.
Mascoma Savings Bank Foundation offers grants of up to $7,500 to 501(c)(3) not-for-profit organizations which will help fund activities that strengthen these community organizations as they pursue their mission and to help initiate projects that improve life within the Bank's service area.
The Kresge Foundation makes large capital grants to acquire real estate and provide construction work for new buildings as well as preservation and rehabilitation work.
Heart & Soul Community Planning Grants Vermont’s Orton Family Foundation invites proposals from small cities and towns, with partnering organizations, committed to developing and implementing plans for future growth inspired by their communities’ “heart and soul.” Communities must be: ready to use innovative project design, planning and communication tools; eager to work with community stakeholders; and committed to achieving citizen engagement and consensus building by seeking and listening to all residents, including those who are under represented in traditional planning processes. Orton Family Foundation, 802.388.6336
Thanks to the NH Division of Historical Resources for their assistance in compiling this information.
Links To Pages Within The Community Landmarks Section