PRESERVATION EQUITY PROJECT 2020 PILOT GRANT PROGRAM
Preservation Durham has launched a new initiative, the Preservation Equity Project (PEP), to help low- and moderate-income homeowners in historic districts retain ownership of their properties while protecting architectural character. PEP provides small grants to fund maintenance and repair on National Register-listed dwellings that are owned by households with incomes less than 70 percent of the Durham metro area, median family income. PEP grants come with assistance in identifying appropriate repair methods and selecting contractors who understand historic houses. In return, owners agree to preservation easements aimed at maintaining historic and architectural character.
Our hope is that these small grants can help longtime homeowners maintain and repair their dwellings rather than sell. PEP grants can also help longtime owners age in place and maintain ownership through multiple generations, keeping people connected to their history. Owning one’s home is a primary source of building household wealth in the United States. Historically, lower-income families own homes for shorter periods and therefore benefit less. With this program, Preservation Durham hopes to bring some equity and access to the preservation movement.
CONTRIBUTE TO THE PRESERVATION EQUITY PROJECT FUND
Consider becoming a PEP sponsor. We accept both financial support or advisory board volunteers with experience in grant funding and construction projects. Contact April Johnson at 919-682-3036 or email at email@example.com.
The Preservation Durham Board will review completed grant applications and award historic house repair grant awards to eligible applicants, properties, and projects in the target area. The applicants will be reviewed on a monthly basis as funds are available. When an application is approved, PD will work directly with pre-selected contractors.
Grant funds will pay the contractor directly to complete the work. Grant awards range from $1,000 to $6,500 as determined by the review board. Funds for the grant were received by our generous donors. None of the funds were received from the government.
PILOT PROGRAM TARGET AREA
PEP pilots the grant program in the College Heights Historic District, listed on the National Register of Historic Places in 2019. College Heights is a historically African American neighborhood developed from the 1920s and adjacent to North Carolina Central University. Neighborhood organizers are actively involved in recording the history of College Heights with oral history projects and other means of documentation. There is growing concern about the displacement of longtime residents or those of limited means and about deferred maintenance that reduces the livability of dwellings.
- Owner occupant
- Household income less than 70% Durham area median
- Agree not to sell the home for 2 years after completion of project
- Agree to placing preservation easement on the property’s exterior in perpetuity
- Single-family & duplex buildings
- Historically or architecturally significant in the College Heights National Register of Historic Places District
- Repair of historic porch & porch features
- Repair of windows & doors
- Repair & update plumbing and/or electrical systems
- Work generally approvable for historic rehabilitation tax credits
- Grant amounts range from $1,000 to $6,500
- Project must be able to be completed within 6 months of starting
- Project budget must match the grant award amount
- Funds are limited and the program cycle ends when funds are exhausted
To apply for a grant:
- Download the PEP Grant Application read and review the guidelines and instructions.
- Confirm that your property is within the pilot target area (College Heights Historic District) by clicking here.
- Complete the application and mail it with all required supporting documentation to:
P.O. Box 25411
Durham, NC 27702
For questions email firstname.lastname@example.org.
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 aspires to model that in Durham.
By providing small, home rehabilitation grants, the Preservation Equity Project pilot program helps homeowners within the College Heights National Register Historic District:
- 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:
with support from