Landmarks Illinois administers two grants: The Barbara C. and Thomas E. Donnelley II Preservation Fund Grant and the Preservation Heritage Fund Grant. Both provide monetary assistance to municipalities and not-for-profits in order to preserve or protect significant structures and sites in Illinois.
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Financial incentives for historic preservation projects fall into four major categories: federal rehabilitation tax credits, local incentives, low-interest loans, and grants. Only non-profit and government entities are eligible for most grants. Private, for-profit property owners may be eligible for grants at the local level.
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