What sources of funding are available to restore a building?
This is probably the question we hear most often at Preservation Pennsylvania. Unfortunately, there are limited public or private sources of money for historic preservation. At this time, there is no source of funding in Pennsylvania for people who wish to restore their personal residences. Private homeowners of historic buildings must find financing the same way any other homeowner would: bank loans and personal funds. Low-income homeowners may qualify for other housing or rehab assistance programs not specifically tied to historic preservation. There are some grant programs available to municipalities, nonprofit entities, and religious congregations wishing to restore their buildings. These grants are highly competitive and typically cover only a portion of project costs. For information on these sources, click here. The federal government also offers a tax credit for the rehabilitation of historic buildings. This is limited to income-producing properties such as rental apartments an