30241
Title Of Article Chaper
Critical issues: using a revolving fund for downtown preservation
Title Of Journal Book
Preservation forum
Volume
3
Issue
2
Pages
44203
ISSN
0893-9403
Language Of Text
English
Literature Type
Serial
Literature Level
Analytic
Abstract
An excerpt from a report prepared for the city of Atlanta, Georgia, United States, by the Center for Preservation Policy Studies of the US National Trust for Historic Preservation, discusses the use of the revolving loan fund, a financial tool acting as an incentive in the preservation of historic structures or districts. The integration of historic preservation values with public policies is discussed. This comprehensive historic preservation program was achieved through mediated negotiations. In addition to the regulatory controls, financial incentives have been established, one such tool being the revolving loan fund. Revolving fund techniques considered include purchasing in fee simple, acquiring an option, using contracts to purchase, relocating historic structures, the revolving fund as lessee, the revolving fund as lessor, and rehabilitating revolving fund properties. The advantage of the revolving fund is its flexibility in dealing with the protection of an historic property.
Keywords
Habitat urban, conservation protection -- ICCROM
pub_id
30241