Financial Incentive Programs
An important part of what make Phoenix a special place to live is
its unique historic resources. Preservation of these resources fosters
community pride, investment and redevelopment. Recognizing the importance
of community’s heritage, values and connections with the past, there
are several financial incentive programs available to preserve and
rehabilitate historic resources.
Exterior Rehabilitation Assistance Program
This program assists residents to sensitively rehabilitate historic
homes while promoting reinvestment in Phoenix’s historic neighborhoods.
Owners of historic homes, either in city-designated historic districts
or individually listed on the Phoenix Historic Property Register,
are eligible to apply.
Low-Income Historic Housing Rehabilitation Program
The Low-Income Historic Housing Rehabilitation Program was created
to encourage the repair and rehabilitation of historic residential
properties that provide housing opportunities. The
program funds critical building maintenance; structural stabilization
work; repair and restoration of historic features; reconstruction
missing historic details; and/or in-kind replacement of deteriorated
historic elements exterior rehabilitation, repair and restoration
work that meets city historic property guidelines.
Demonstration Project Program
The Demonstration Project Program was created to encourage the rehabilitation
of significant historic properties used for multi-family, commercial
or institutional purposes. The program provides funding for exterior
work that retains historic building materials and features, reverses
inappropriate alterations, reconstructs missing historic details,
or otherwise returns a building to its historic appearance.
Threatened Historic Building and Warehouse Program
This program is available to help property owners rehabilitate threatened historic buildings and historic
downtown warehouses and to return them to a viable use. Eligible buildings are either located in the downtown
Warehouse Overlay District (basically bound by Seventh Street, Third Avenue, Lincoln Street and Madison Street)
Or are located elsewhere in the city but are “severely threatened” either by their deteriorated condition or
by possible demolition.
State, Federal and Other Incentives
Because the preservation of historic buildings is an important public
benefit, the state and federal governments as well as public and
private foundations have developed some incentives to assist in
the restoration, maintenance and rehabilitation of historic resources.
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