NRSA Building Rehabilitation Program

building beforebuilding after

        This building is an example at 410 Waughtown St - before and after rehab.

This program is designed to stimulate interest and commitment of private building owners by providing inducements to encourage the rehabilitation of commercial and industrial buildings throughout the Neighborhood Revitalization Strategy Area. 
NRSA Map [pdf]


The qualifying building must be located within the defined boundaries of the Neighborhood Revitalization Strategy Area, but cannot be eligible for the Downtown Building Improvement Rehabilitation Program.


Step 1: Interested property owners present work, write-up, and renderings from licensed contractor or architect to city staff.

Step 2: Owner and city staff agree to work, write-up, and renderings.

Step 3: Owner has work completed.

Step 4: After the project is completed, the owner submits paid receipts to the city staff
for reimbursement.

Step 5: City staff inspects building for compliance.

Step 6: Final loan amount determined and loan documents prepared and executed.

Step 7: Funds are delivered.


Minimum Private Investment: To be eligible for a fifty percent (50%) match, the minimum private investment must be at least $2,500. For private investment less than $2,500, a project is eligible for a loan of thirty percent (30%).

Maximum Public Investment: Up to fifty percent (50%) of the total project cost or $10,000, if the total private investment is greater than $2,500. Up to thirty percent (30%) of the total project cost if less than $2,500. Only one loan per building is allowed.


Funds may be used for the following purposes:

  1. Site or facility improvements 
  2. Structural improvements
  3. Facade renovation or signage improvements that meet design guidelines for the area (if any).


The entire amount of the loan will be deferred for five (5) years. If the building has been maintained for five (5) years, as agreed, the entire balance will be forgiven. If at any time during years 1-5, the building no longer conforms to the plan, as agreed, or the property changes ownership, the loan must be repaid. The repayment term is 12 months at a prime plus one percent (1%) interest rate.

The IRS has determined that any portion of a loan forgiven may be counted as income to the borrower and be subject to income taxes.  Please refer to a tax professional to determine your income tax liability for any loan that is forgiven.


Exterior Design: "Slip cover" facade coverings must be removed. The cost of removal may be financed in full by Program funds, provided, however, that the total city support will not exceed $10,000.

Use of Upper Floors: Upper floor windows must be re-opened. The cost of window repair or replacement may be financed in full by Program funds provided, however, that the total city support will not exceed $10,000.

Interior Code Compliance: Vacant buildings must be re-opened. The cost of code compliance becomes eligible Program cost for appropriate percentage funding-provided, however, that the total city support will not exceed $10,000.

Non-conforming uses are not eligible to participate in this program.

Tenants must have the owner's written permission to participate in this program. Subject to the availability of funds. 

NRSA Building Rehabilitation Program Application [pdf]

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