Description of Program
The primary goal of the P.A.C.E. Grant Program is to promote economic development through encouraging proper exterior historic rehabilitation and preservation to both residential and commercial properties located within the local Madison Historic District boundaries. This program provides eligible private-property owners with funds to aid in their rehabilitation or preservation projects.
Rehabilitation Grant
This grant provides exterior or structural rehabilitation assistance to encourage private property owners within the Madison, Indiana local historic district to maintain, repair, and appropriately rehabilitate their historic structure(s).
Dilapidated Structures Grant
This grant provides for the partial demolition of dilapidated buildings within the City of Madison followed by rehabilitation. Dilapidated structures includes any man-made structure which, by reason of faulty construction or any other cause, is liable to cause injury or damage by its collapsing or by the collapse or fall of all or any part of such structure or any man-made structure which, because of its condition or because of lack of doors or windows, is available to or frequented by persons who are not lawful occupants of such structure. This grant program is available for structures that meet the requirements within the City of Madison limits.
Dangerous Buildings Grant
This grant provides for the demolition of dangerous buildings within the City of Madison. Projects which apply for this grant funding must have a letter from the City of Madison Office of Building and Design stating the structure is unsafe. This grant program is available for structures that meet the requirements within the City of Madison limits.