COMMERCIAL BUILDING
STABILIZATION FUND

Established a dedicated funding source to support stabilization of at-risk historic buildings in the target investment areas.

Through three funding rounds, 20 buildings will be stabilized with awards totaling approximately $3M. Capacity-building funds allowed the Local Program Administrator’s staff to conduct outreach, select projects, administer capital grant funds, and monitor construction. Additional consultants assisted with strategic planning, board development, human resources, marketing and fundraising.

For more background, view the comprehensive East Side Plan.