Madison Awarded Revitalization Grant
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The city of Madison has been awarded a National Park Service Paul Bruhn Historic Revitalization Grant. The city will receive the $325,000 grant to support its own Preservation and Community Enhancement Grant Program.
Madison Director of Planning Nicole Schell says the primary goal of the P.A.C.E. Grant Progrm is to promote economic development by historic rehabilitation and preservation of residential and commercial properties within the Madison Historic District. The funding will be used a subcategory for the existing P.A.C.E. program.
Mayor Bob Courtney says since the program’s expansion in 2020, the city has partnered with 128 property owners and has seen $6.1 million in investment across the community.
“This program has proven to be the economic driver we anticipated and is also addressing blight while increasing our housing availability and raising property values. This grant will allow us to help low-to-moderate income households afford to participate, as well,” said Courtney.
Applications will be accpeted for properties owned or rented by people without the financial capability to complete rehabilitation work or properties threatened by demolition. Click here for more information.