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Other Financial Incentives

Local government assistance Some of Minnesota's 50 municipalities with heritage preservation commissions operate local revolving funds or low-interest loan programs for historic preservation and provide rehabilitation design assistance. In addition, local governments across the state administer financial assistance programs funded through the Minnesota Department of Employment and Economic Development; many have supported historic preservation projects. Contact your local government to explore what may be available in your community.

The National Trust for Historic Preservation This preservation advocacy organization gives incentive grants and loans to local preservation organizations for non-construction activities.

Foundation grants for private nonprofit and public owners of historic properties  Some private foundations include historic preservation among activities eligible for funding. You may need to be creative in finding a fit for your project; the term historic preservation is often not used by funders. See the Minnesota Council on Foundations' Guide to Minnesota Grantmakers or look for the guide at your local library.

Façade easements RETHOS Places Reimagined accepts easement donations from property owners who wish to preserve in perpetuity the façades of qualifying historic buildings. Such donations are eligible for federal and state income tax deductions and may qualify for ongoing tax advantages.

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