Revolving Loan Fund
The Connecticut Trust for Historic Preservation's Revolving Loan Fund helps to finance and transform underutilized historic buildings and assets that contribute to community character and have the potential to serve as catalysts for economic development. The Revolving Fund focuses on development and investment in neighborhoods and communities that are distinctive and inspiring.
Construction Loans: Short-term construction loans to assist with the repair and rehabilitation of historic buildings listed on the State or National Register of Historic Places
Pre-Construction Loans: Short-term loans to support project planning including feasibility studies, preservation consultant fees, architectural and engineering services, and nomination to the State or National Register of Historic Places.
Pre-Purchase Loans: Short-term loans to assist with the cost of inspections, appraisals, and capital needs assessments prior to the purchase of historic properties.
How to Apply:
Applications are currently accepted on a rolling basis with loan disbursements beginning July 1, 2016. To request application materials or for more information, please contact: Gregory Farmer, Revolving Loan Fund Director at 203-464-7380; Email: RLF@cttrust.org
Please download the following Word Document to complete: RLF Application
Please download the following: Program Description and Term Sheet
"The 1772 Foundation funds more than 40 active historic properties redevelopment programs throughout the country. Sometimes known as revolving funds, these programs greatly increase the number of historic buildings that can be saved and put back into use by the community. Unlike more reactive, traditional preservation models, these programs are proactive and robust; they move at the speed of the market, using the same tools and financing as for-profit developers. We are delighted to continue our long partnership with the Connecticut Trust as they grow their capacity to meet the historic preservation opportunities in Connecticut using this proven strategy. " 1772 Foundation, Executive Director, Mary Anthony