Neighborhood Reinvestment Grant Application

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Grant Application Deadline: open, and on a first-come, first-funded basis until all monies have been allocated

Grant Application Acceptance: Begins October 5, 2018

Purpose of Neighborhood Reinvestment Grant Fund

The City of Frankfort's Neighborhood Reinvestment Grant is intended to help stimulate the rehabilitation of the physical structure character of a few of our oldest neighborhoods within the City. This fund has been established by the City Commission as a one year program available to property owners within the historic districts, Bellepoint / Buttimer Hill, and portions of Holmes Street.

A complete application for grant assistance will consist of an application form, complete scope of work, photographs, contractor bids and information about the source of matching funds. 

Staff contacts:
Eric Cockley, Director of Planning and Community Development
City of Frankfort
315 W Second Street
Frankfort, KY 40601

Phone: 502-352-2100

ecockley@frankfort.ky.gov

Submit all applications to:
Rebecca Hall, Grants Administrator
Historic Preservation Fund
315 W Second Street
Frankfort, KY 40601

Phone: 502-352-2076
Email Rebecca Hall

Deadlines

Applications are available online, at City Hall or by mail. Additionally, staff can provide assistance in developing an appropriate scope of work and completing the application form. Applicants are encouraged to meet with planning staff prior to the application deadline in order to ensure the project meets the requirements. Prior to completing any part of the application, the eligibility questionnaire on page 5 is to be completed. If the eligibility requirement is met, then an application may be submitted.

Applications for grant funding must be totally complete when they are submitted to the City of Frankfort. Applications that are not complete WILL not be considered for funding. Applications may be submitted beginning October 5, 2018, and will be on a first come, first-funded basis, until available funding has been exhausted for this grant cycle.

Types of Assistance & Matching Funds

Grants

Grant funds available for each area within the area map is located below. Completed applications that meet the criteria of eligible improvements will be funded on a first-come, first serve basis. Rehabilitation must be located on the exterior of the building and meet the criteria below. If funded, the City will contribute up to 40% of the total project costs with a maximum City grant award of $8,000 for a qualifying project totaling $20,000 or more. A minimum total project cost of $5,000 is a requisite for all applicants. The City's grant funds will be made available to each selected project after full completion of the project has been verified.

Eligible Costs & Improvements

Eligible costs include hard costs associated with the physical renovation of the exterior of the building.

Example Eligible Improvements

Restoration, Repair & Stabilization of Exterior

  • Siding, trim and casing
  • Decorative wood work and molding
  • Porches, stairs and railing
  • Roofs, eaves, gutters, cornices, chimneys
  • Walls and fences
  • Masonry (such as chimney tuck-pointing)
  • Exterior Painting
  • Doors and Windows - repair or replacement
  • Reversal of previous inappropriate alterations
  • Repair and weather sealing of windows and doors
  • Repair of foundation/footers

Reconstruction of Missing Elements or Features

  • Porches and railings
  • Trim and moldings
  • False-fronts cornices
  • Historic property must be based on documented evidence such as photographs or physical evidence

New construction is limited to:

  • Sidewalks, railings, new window / door openings

Ineligible Costs & Improvements

  • Soft costs including but not limited to appraisals, interior design fees, legal, accounting and realtor fees, grant fees, sales and marketing, closing, building permit, use and inspection fees, bids, insurance, project signs and phones, temporary power, bid bonds, copying, and rent loss during construction
  • New additions or enlargements
  • New garages, sheds, accessory buildings or structures
  • Demolition costs
  • Property acquisition
  • Landscaping
  • Excavation, grading, paving, landscaping or site work such as improvements to paths or fences, except for correcting drainage problems that are damaging the historic resource
  • Reimbursement for owner / self-labor (which can count only towards the matching costs, at minimum wage values)
  • Any Interior improvements
  • Temporary power pole or services
  • Mailboxes
  • Signs
  • Any exterior work completed prior to Grant application deadline

Grant of Easements 

Applicants must enter into an agreement for a conservation easement to be placed upon the property for a maximum period of 15 years. This requirement is to ensure that the subject property retains its character and that the city's investment in subject property is respected, but does not mean that owner cannot enjoy the use of the property or make appropriate additions or interior alterations.

Application Review Process

Staff is to verify project eligibility. If the application is not complete or any additional information is required, the project will not be funded. PLEASE NOTE: Staff WILL not contact the applicant to ask for the missing information. If the project meets eligibility requirements and is found to be complete, the owner will receive a letter from the City stating the application will be funded.

Applicants submitting unqualified applications will be notified that the project cannot be funded.

Project Review & Completion

Any required ARB approval (Certificate of Appropriateness) or building permits must be obtained before beginning work on the project. Staff should be allowed a walk-through with the applicant and any contractor before the beginning of work. Projects must be completed within one year of receiving a building permit (final inspection approval by City) or the grant funds will be forfeited.

Disbursement of Funds

Grants will be disbursed as a reimbursement after work has been completed, inspected and approved as consistent with the approved grant application by City staff. In planning your project, you must have adequate funds on hand to pay the final costs of the project.

Grants may be revoked if the conditions of any grant approval are not met. Grant reimbursement will be provided when invoices, cancelled checks and signed conservation easement are submitted and work is verified by staff.

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