The Louisiana Office of Cultural Development Main Street Program is currently accepting applications for redevelopment incentive grants for fiscal year 2014-15. Grant applications must be postmarked for delivery to Louisiana Main Street by Friday, June 27 and can be picked up at the clerk's office in city hall.
According to the Louisiana Main Street program, the grants "provide matching funds to encourage revitalization of historic downtown commercial properties in designated Main Street districts. Community reinvestment utilizing historic preservation practices improves community economic health by fostering renewed interest in shopping, working and living downtown and enhances the cultural tourism experience."
The redevelopment incentive grant is a matching funds, reimbursement grant which means it requires a dollar-for-dollar match toward hard costs, and the award amount is paid out upon completion of the work described in the grant agreement.
The grant funds are limited to actual construction and restoration hard costs only, and owner or tenant contributions of design work, labor, equipment, etc. are not considered as matching funds.
Two different grant levels, a $10,000 grant for projects totaling a minimum of $20,000 and a $2,500 grant for redevelopment projects totaling a minimum of $5,000, are available. Funds can be used for either an exterior project or an interior project.
The main street program requests that applicants arrange to meet with the State Main Street Design Coordinator through the local Main Street manager, who is Marc Vereen in Bastrop, at the building site to discuss an application and specific design needs prior to submitting the application.
For applications for exterior projects, the application must be reviewed and approved by the local Historic Distric Commission prior to the deadline.
According to Louisiana Main Street, to be eligible for consideration, buildings must be a minimum of 50 years old and contribute to the significance of the Main Street District.