Financial Resources

Incentives and Grants

Historic preservation-related funding sources are available for not-for profits, municipalities, and private owners. Funding for historic preservation projects fall into four major categories: federal rehabilitation tax credits, local incentives, low-interest loans, and grants. Landmarks Illinois offers two grants for initiatives that help to protect Illinois’ historic structures and sites. Incentives and grants offered by other organizations and agencies are outlined below. Always be sure to check with your local preservation commission about incentives that may be available in your municipality.

Landmarks Illinois Grants

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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Other Incentives and Grants

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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