The Erie County Gaming Revenue Authority (ECGRA) is accepting applications for its Anchor Building Program to provide resources to enable 501 (c)(3) non-profits, municipalities, and municipal authorities to strengthen a community, neighborhood, or commercial district by redeveloping, enhancing, and preserving an underutilized or vacant building that has the potential to serve as a catalyst for greater investment and commercial or social activity.
Donor Name: Erie County Gaming Revenue Authority (ECGRA)
State: Pennsylvania
County:
Type of Grant: Grant
Deadline: 11/30/2023
Size of the Grant: $100,000
Grant Duration: 24 months
Details:
The Anchor Building Grant Program is an adaptive re-use funding program. Anchor buildings are most often historic buildings located in the heart of the community, and possess intrinsic historical, architectural, and/or cultural qualities that make places special or unique. Similarly, these buildings can be adaptively re-used due to the quality of original construction, location, and/or suitability for new uses. Unfortunately, communities find that these older buildings are difficult to re-use due to construction costs relative to modern building code requirements, lack of financial resources, or low appraisal values. ECGRA funding can serve as a vital part of the financing structure to bridge the gap, boost the real estate market, remove blight, assist in developing equity, and enhance the quality of place.
Goals of the Program
- To adaptively re-use historically, culturally, architecturally, and/or socially significant buildings
- To leverage private investment and create jobs
- To support small businesses and enhance the local tax base
- To bridge the funding gap common with older building re-use
Funding Information
- A funding bucket of $400,000
- A maximum request of $100,000 per application
- A minimum request of $25,000 per application
Project Period
Grant contracts for Anchor Building funding shall be for a period of 24 months.
Eligible Uses of Funds
- Contracted services such as engineering, architectural, appraisal, environmental
- Tax credit consultants
- Equipment and supplies
- Construction
- Outcomes measurement and impact tracking
Eligibility Criteria
- Applicant is an IRS-designated 501(c)(3), municipality, or a municipal authority
- Applicant’s headquarters is located in Erie County
- Applicant is in good standing with the IRS and state and local taxing bodies
- Applicant is in good standing with ECGRA’s reporting requirements to date
- Applicant must be current in payment of real estate taxes
For more information, visit ECGRA.
