REVOLVING FUND PROGRAM

Designated organizational funds to help repair at-risk historic properties

Preserve Rhode Island has an emerging program for at-risk historic properties where we can take on select real estate and construction projects such as:

Pre-construction planning including feasibility studies, architecture and engineering services and other technical support to analyze alternatives and preservation strategies.
Option agreements and short-term ownership to hold and market historic properties for resale with a preservation easement.
Acquisition, stabilization, protection, and sale as strategies to save endangered properties.
Curator arrangements where a long-term lease secures a property and provides the financial basis for upfront rehabilitation investments.
Major construction projects to rehabilitate historic structures so long-term preservation strategies are possible.