Subtitle: Discovering Hidden Gems to Finance Your Historic Home Renovation

Unlocking the Treasure Chest: Lesser-Known Funding Options for Restoring Your Old Home


Welcome to our comprehensive guide on lesser-known funding options for restoring your old home. We understand the challenges and excitement that come with renovating historical properties. While traditional financing options may seem limited, we are here to unveil a treasure chest of alternative funding sources that can help you bring your beloved old home back to its former glory.

In this article, we will explore various funding options specifically designed for historic home renovations. From grants and tax credits to specialized loans and crowdfunding, we will provide you with a wealth of information to assist you in financing your restoration project. So, let’s dive into this treasure trove of funding opportunities and unlock the potential of your old home!

1. Historic Preservation Grants

Historic preservation grants are an excellent way to secure funding for your restoration project. These grants are often offered by federal, state, and local government agencies, as well as nonprofit organizations. They are designed to support the preservation and revitalization of historic properties.

One notable grant program is the National Park Service’s Historic Preservation Fund (HPF). It provides financial assistance to eligible property owners and organizations for the rehabilitation and restoration of historic buildings. Additionally, state and local governments may offer their own grant programs, which can be found through thorough research or by contacting your local preservation office.

2. Tax Credits for Historic Rehabilitation

Tax credits are another valuable funding option for restoring your old home. The federal government, as well as some states, offer tax incentives to encourage the preservation of historic properties. These credits can offset a portion of the costs associated with rehabilitation.

The Federal Historic Preservation Tax Incentives program, administered by the National Park Service, provides a 20% investment tax credit for the substantial rehabilitation of income-producing historic properties. Some states also offer additional tax credits, making this option even more enticing for homeowners seeking financial support for their restoration projects.

3. Heritage Conservation Easements

Heritage conservation easements provide a unique funding avenue for historic property owners. By granting a conservation easement, you agree to permanently protect the historical integrity of your property. In return, you may be eligible for financial incentives, such as tax benefits or even direct payments.

Conservation easements are typically facilitated through nonprofit organizations or government entities specializing in historic preservation. It’s important to consult with professionals familiar with easement programs to ensure you fully understand the legal and financial implications.

4. Specialized Historic Home Loans

If traditional loans don’t meet your needs, specialized historic home loans can offer tailored financing options for your restoration project. These loans are specifically designed for historic properties and often come with favorable terms and conditions.

Certain lenders specialize in providing loans for historic homes, recognizing their unique value and potential. These loans may offer lower interest rates, longer repayment periods, or even flexible underwriting criteria. Conduct thorough research to identify lenders who specialize in historic home financing to explore the best loan options available to you.

5. Crowdfunding for Historic Preservation

In recent years, crowdfunding has emerged as a popular means of financing various projects, including historic preservation. Crowdfunding platforms allow individuals to raise funds from a community of supporters who share a passion for historic restoration.

By creating a compelling campaign that showcases the historical significance of your property and the restoration plans, you can attract donors who are willing to contribute financially. Be sure to offer appealing rewards or incentives to attract potential contributors and engage with your supporters throughout the restoration process.

6. Local Historic Preservation Organizations

Local historic preservation organizations can be a valuable resource when it comes to funding your restoration project. These organizations are often deeply involved in the preservation of historical properties within their communities and may provide financial assistance or connect you with relevant funding opportunities.

Reach out to these organizations and inquire about any grants, loans, or other financial support they offer. They may also have a network of professionals and volunteers who can provide guidance and support throughout your restoration journey.

7. Utilizing Community Development Block Grants

Community Development Block Grants (CDBG) are federal funds allocated to local governments to support community development initiatives. While primarily intended for community improvements, certain CDBG programs can be leveraged to fund historic preservation projects.

By partnering with your local government or community development agency, you may be able to access CDBG funds designated for historic preservation. These funds can help cover the costs of restoring your old home while contributing to the overall revitalization of your community.


Congratulations, you’ve unlocked the treasure chest of lesser-known funding options for restoring your old home! By exploring grants, tax credits, specialized loans, crowdfunding, and local resources, you are well-equipped to finance your historic home renovation project.

Remember to thoroughly research each funding option to determine eligibility requirements, application processes, and any potential restrictions. With careful planning and strategic utilization of these lesser-known funding sources, you can bring your old home back to life while preserving its historical significance. Happy restoring!