About ROOMS
Downtown housing enhances the overall livability and functionality of downtown, leads to increased investment, improved infrastructure, and a positive cycle of economic growth, and fosters a greater sense of place and community identity. A significant amount of unused upper-floor space is available throughout the state and this space could be available for loft-type housing. Many rural communities, however, lack the incentives to address this issue and many local property owners just don’t know where to begin with this type of development.
The goal of this grant program is to encourage renovation and improvements in the upper floors of commercial buildings in local Main Street districts consistent with proven Main Street practices, including those that retain unique historic elements and use materials that lower operating costs by conserving energy. The expected outcome of this program is to create new housing opportunities in downtown commercial districts; rehabilitate or preserve properties; and create a stronger tax base.