2024 Anchor Building Grant Program
Description
Anchor Building Program provides funding to enable local governments, 501(c)3 non-profits, and municipal authorities to strengthen a community, neighborhood, or commercial district by redeveloping, enhancing, and preserving an underutilized or vacant building that has the potential to serve as a catalyst for greater investment and commercial or social activity.
Donor Name: Erie County Gaming Revenue Authority (ECGRA)
State: Pennsylvania
County: Erie County (PA)
Type of Grant: Grant
Deadline: 07/31/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: 2 Years
Details:
Anchor buildings are most often historic buildings located in the heart of the community, and possess intrinsic historical, architectural, and/or cultural qualities that make places special or unique. Similarly, these buildings can be adaptively re-used due to the quality of original construction, location, and/or suitability for new uses. Unfortunately, communities find that these older buildings are difficult to re-use due to construction costs relative to modern building code requirements, lack of financial resources, or low appraisal values.
Goals of the Program
To adaptively re-use historically, culturally, architecturally, and/or socially significant buildings.
To leverage private investment and create jobs.
To support small businesses and enhance the local tax base.
To bridge the funding gap common with older building re-use.
Funding Information
Minimum request of $25,000 per application. Up to $100,000 awarded per application.
Grant contracts for Anchor Building funding shall be for a period of 24 months.
Eligibility Criteria
Applicant is an IRS-designated 501(c)(3), municipality, or a municipal authority.
Applicant’s headquarters is located in Erie County.
Applicant is in good standing with the IRS and state and local taxing bodies.
Applicant is in good standing with ECGRA’s reporting requirements to date.
Applicant must be current in payment of real estate taxes.
For more information, visit ECGRA.