Preservation Equity Project



The Preservation Equity Project is working to create equity in the historic preservation process for Durham residents. Based on the incredible success of Cleveland’s Heritage Home Program, Preservation Durham has modeled this here in Durham.

By providing free and impartial technical assistance (contractor vetting, materials selection, design), matched with a low-interest loan from Self-Help Credit Union, the Preservation Equity Project helps homeowners with homes 50 years or older:

  • Retain homes, the primary source of wealth in America, in working-class and minority families.
  • Empowers older residents to age in place, by making accessibility modifications like ramps, door pulls, flooring, etc. Saving the family years of senior care costs.
  • Retain the fabric of the neighborhoods, keeping smaller, older homes in place, and keeping families connected to their homeplace.
  • Rehabilitate their properties to make them safe and comfortable, while increasing their equity and family wealth.

 

 


The Preservation Equity Project was selected as a finalist for Triangle Community Foundation’s 2017 Innovation Award.
See how we pitched the project:

PEP Info Graphic PEP Video

 


Project Partners

SelfHelpLogoNCHFA_logo

with support from

SquareOne-logoDurhamRegionRealtors-logo

 

 


More about the project