Grants to Historic Property Redevelopment Programs
At its first quarterly meeting of the year, the trustees of The 1772 Foundation awarded grants totaling $1,124,800 to the 23 organizations listed below. Individual grant amounts ranged from $15,000 to $125,000.
The largest grant of $125,000 was to Historic Macon to capitalize its third historic properties redevelopment [HPRP] fund. Historic Macon has over 30 years of experience working with HPRPs and has been a 1772 Foundation grant recipient in the past. This year’s award, as well as a local match, will establish the Fading Five Fund, dedicated to preserving endangered places in Macon-Bibb County. Macon’s Fading Five is a list of endangered properties compiled annually from community nominations, with places remaining on the list until they are “saved.”
Grants were made to the National Main Street Center for a new edition of its Design Committee Handbook and for support of its Main Street Now conference and to the National Trust for Historic Preservation for training in real estate finance and deal structuring for HPRP staff.