If you own a historic property that is at risk due to development pressures or other reasons and you’d like to talk to someone about what you can do, please contact us. We can give you a sense of whether your property might qualify under historic preservation requirements, talk through what your options are for preservation, and connect you to professionals who can help make repairs or write up a nomination form.
While our introductory services are free, repairs, maintenance, and documentation are not. But there are a variety of loans, grants, and other assistance programs available to owners or historic properties. Each program works differently, with different requirements as well as varying levels of assistance. We can suggest which programs might be most appropriate for your situation and direct you towards people who might be able to help you secure financial help.
State Historical Fund Grants: Funds are distributed through a competitive process and all projects must demonstrate strong public benefit and community support. Grants vary in size, from a few hundred dollars to amounts in excess of $200,000. The State Historical Fund assists in a wide variety of preservation projects including restoration and rehabilitation of historic buildings, architectural assessments, archaeological excavations, designation and interpretation of historic places, preservation planning studies, and education and training programs. Learn more. And even more.
Certified Local Government Grants: CLG grants are only awarded to counties and municipalities that have been designated as a CLG prior to the grant application submittal deadline in order to be eligible for CLG grant funding. If you’re looking for financial assistance with something that will also benefit your local municipality, and your local municipality is a CLG, then you may be able to work together to secure the funds. Larimer County is not currently a CLG, but Fort Collins, Loveland, and Berthoud are. Learn more.
Larimer County Small Grants for Community Partnering: Initiated in 1997, the Small Grants for Community Partnering (SGCP) program is an inherent part of Larimer County Natural Resources’ Open Lands Program as a way to give back a portion of the Help Preserve Open Spaces 1/4-cent sales tax funds directly to communities throughout Larimer County. Since 2008, Larimer County has awarded $287,800 for 192 community and neighborhood projects that connect people to the land. The Help Preserve Open Spaces sales tax initiative was initially approved by Larimer County citizens in 1995 and extended by the citizens in 1999 and again in 2014. Learn more.
Tax Credit Programs
Colorado State Tax Credits: Receive back 20% of all approved costs, in the form of a dollar-for-dollar state income tax credit, for work on both the interior and exterior of designated resources. Any unused credit may be carried forward for ten years. Learn more.
Federal Tax Credits: An additional 20% federal tax credit, for the substantial rehabilitation of historic buildings utilized for income-producing purposes (including rental properties). 10% federal tax credit for the substantial rehabilitation of non-residential buildings, not eligible for designation but located within a designated historic district. These are in addition to the 20% State Tax Credit. Learn more. (Note: These tax credits are currently at risk in the latest Federal budget cycle. Let your representatives know that you’d like to keep these tax credits available into the future.)
Fort Collins Landmark Rehabilitation 0% Interest Loans: The City of Fort Collins provides matching funds of up to $7,500 each year, for approved exterior work to locally landmarked properties within the city. The no-interest loan amounts are paid back only when the property is sold. The loan program is competitive, so actual funding will depend upon the quantity and quality of applications received that round. Learn more.
Colorado Historic Foundation Loans: Below market, fixed-rate loans to recipients of State Historic Fund grants, to supplement the grants. Loans typically require minimal down payments and have flexible repayment terms. Loans of less than $100,000 or over $750,000 are considered only under unusual circumstances. Learn more.