Main Street

Facade Grants and Other Funding for your Historic Building

Main Street America Program funds
NC Main Street Center offers funding for historic buildings if the building qualifies.  

Main Street Solutions Fund
Owners of buildings that are currently not in use, are in need of structural or infrastructure upgrades, are on the historic register in the Municipal Service District, and whose future use will provide full-time jobs can apply for this fund. The funding is based on the number of full-times jobs created by the new business that will open within the renovated building once the project is complete. Each new full-time job that is created once the renovations are done, awards the investor with $25,000 in funds, with a cap of $200,000 *.  To learn more, visit https://www.nccommerce.com/grants-incentives/downtown-development-funds

To Apply
Please contact Elkin's Main Street Manager if you are interested in applying.

*Availability timeline to apply is based on available funding. 

 

Main Street Advisory Board grants


Being in the downtown within the Municipal Tax District (MSD) has some wonderful benefits. Although this is a small tax collected from the building owners in the district each year, the funds are reinvested by the Main Street Advisory Board to make improvements that benefit the downtown. One of these investments is the facade grant program. This year, the board is also offering a grant for one mural project and for historic bronze plaques. Please remember that your building is listed on the National Register of Historic Places, and if it is a contributing building, you are eligible for Historic Tax Credits on large-scale improvements. Please contact the NC State Historic Preservation Office if you are interested in applying, but this must occur before your project begins. 

Facade Grants and Mural Grant

If you are interested in updating the facade of your building, you may apply for a facade grant through the Main Street Advisory Board.  Each year, they offer a matching grant for preservation and beautification of buildings, to include painting, repairing rotted window sills or doors/doorways, general repair work, the addition of awnings, etc.  

If you are considering changing the footprint of your facade, we advise you not to do so. Changing your footprint or destroying the historic structure of your contributing building (to anything that is not approved by SHPO) can change your historic building from contributing status to non-contributing status and will permanently remove any chance of obtaining tax credits. Please consult with the Main Street Manager prior to any major changes or renovations. 

If you need a design or color recommendation for your building's facade, the Main Street Program offers a free design service as well. Contact Laura Gaylord to apply. 

For the 2018/2019 fiscal year, the Board is offering numerous grants for downtown building owners and/or merchants who obtain permission from the building owners to make improvements:

3 - $1000. (50/50) matching grants  
2 - $500 (50/50) matching grants
1 - $1000 (50/50) matching grant for a downtown mural project (preferably along Main Street).  
 
The Board will match 50/50 up to the awarded amount in restoration work or improvements to your building. Restorations to historic buildings must comply with historic preservation standards (see below). Applications must be submitted no later than April 2019 and projects must be completed to the MSAB's satisfaction and reimbursement paperwork submitted by June 1, 2019.

Historic Plaque Grant

This year, the Main Street Advisory Board is offering a grant to assist with costs of a National Register bronze plaque for building owners to install on their front facade, whose building is listed on the National Register of Historic Places in the Municipal Service District.  

       5 - $100 (matching grants up to $100 per building)

Plaques are preferred on contributing buildings, but non-contributing buildings will be considered that are listed on the Downtown Elkin Historic District Register. Up to 5 grants will be awarded per year. The plaques, once installed, must stay permanently on the building even after the sale of a building and cannot be removed for a "keepsake". Grants are ongoing, but with a limit of 5 offered per fiscal year (July to June).

 
To Apply
If you are interested in any of these grants or assistance with the design service, please contact Laura Gaylord, Main Street & Community Manager at 336-258-8908, or email at communitymanager@elkinnc.org.  Or, download the form below for Grant Applications:

Download the application for the historic downtown facade grants here:

Download the application for the historic register plaque grants here:
Application for plaque grant


Information on Historic Preservation & Rehabilitation of your Historic Building: 
The Secretary of the Interior's Standards for Rehabilitation
Introduction to the Standards
https://www.nps.gov/tps/standards/rehabilitation/rehab/stand.htm

Information on Historic Tax Credits:
North Carolina State Historic Preservation Office
http://www.hpo.ncdcr.gov/tchome.htm 

Town of Elkin "E3" micro loan funding for small businesses

The Town of Elkin is working together with the NC Rural Center to offer micro loans to small businesses located in Elkin. The program is called Energizing Elkin Entrepreneurs (also known as "E3"). The first round specifically focuses on downtown businesses, however if you are a business in Elkin outside of the downtown area, please let us know if you are interested. 
 
The program has been in effect since 2017. Most loans offered by banks may have a minimum requirement that may be more than you need.  If you are looking for smaller loan amounts, then this program will be a good match for your business marketing needs, expansion, inventory, etc. The program also offers a full-service support team for your new venture. Funding can range from $500.00 to $25,000.00. 

To Apply
If interested contact the Town of Elkin Economic Development Department:

Leslie Schlender (Economic Development Director) at 336-258-8907
or 
Laura Gaylord (Main Street and Community Manager) at 336-258-8908 

Mailing Address

Post Office Box 857 Elkin, North Carolina 28621

Street Address

226 North Bridge Street Elkin, North Carolina 28621