Preservation Alliance of Baltimore County is honored to have received a grant from The 1772 Foundation.
The 1772 Foundation, in cooperation with the National Preservation Partners Network, awarded us a$16,000 historic properties redevelopment programs (HPRPs). Grant fund historic preservation organizations’ projects to conduct a feasibility study.
Also known as revolving funds, HPRPs are enterprising programs that proactively use real estate techniques (options, purchase/resale, easements, tax credits, etc.) to protect and rehabilitate endangered properties.
Since 2006, The 1772 Foundation has been a leading proponent of HPRPs, recognizing their positive impact on community economic development and neighborhood revitalization. Ethiel Garlington, executive director of The 1772 Foundation says, “We continue to be impressed by the entrepreneurial spirit of preservation practitioners across the country, who are putting market-based solutions to work in order to save more historic places.”
