Several government-sponsored funding options exist for remodeling and renovating properties, and those who possibly own an eligible property need to know about historic preservation grants. For homeowners, this grant means more than just the funds to pay for your renovation.
There are many benefits for being included on the National Historic Register through the United States National Park Service. Here is the basic information homeowners should know:
According to the United States National Parks Service, the National Historic Register is “the official list of the Nation's historic places worthy of preservation.” These places are selected through a nomination process, in which people can apply through their state historic preservation office.
Properties must meet specific criteria for age, structural integrity and historical significance to be eligible for inclusion on the Register.
In addition to their home being placed on a list of historically significant places, property owners can be eligible for other benefits provided by the National Park Service. For example, if you wanted to complete a major home renovation project which fit the criteria approved by the National Park Service, you could receive federal grant money or tax incentives.
Other important benefits to know include easements and code exceptions for nonprofit organizations wishing to repurpose and preserve historic buildings to help the community. State and local governments may award federal grants to homeowners as well.
Regardless of your home’s age or historical significance, the information in the National Historic Register can help you learn more about your community. If your home is eligible for grant funding for the preservation of historic buildings, you may be able to receive help with the cost of your renovation project.
If you’re interested in finding out more about local historic preservation projects, or to find out if you qualify for benefits, consult your State Historic Preservation Office for more information.
Lana Harris is a Chicago native who is a second-generation real estate professional. She was introduced to real estate at a very young age while attending open houses with her mother who is a broker. She honed her skills assisting in property searches (back in the thick, Multiple Listing Service book days,) and using map reading skills to help plan property tour sequencing. Lana’s love of working with people and delivering strong customer service led her to the retail sector, where she developed her management skills at MC Sports, Ann Taylor, and Adidas. She and her husband moved to Utah in 2008 to enjoy the natural beauty of the mountains, and she began her real estate career here in 2015. Most recently, she was a VP of sales for a large team; she thrives on challenges and is determined to overcome obstacles to achieve results for her clients. Lana and her husband enjoy their three large dogs, skiing, camping and paddleboarding.
