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Oregon Main Street Revitalization Grant Program receives $5 million in funding

August 30, 2017

The Oregon Main Street Revitalization Grant Program received $5 million included in a lottery bond bill (SB 5530) during the 2017 legislative session. These funds will be available to Oregon Main Street Network organizations in the spring of 2019 to fund building projects that encourage economic revitalization.

This grant program was created during the 2015 legislative session, and placed with the Oregon State Historic Preservation Office. The 2015 legislation established a permanent fund for the Oregon Main Street Revitalization Grant, and provided an initial infusion of funds from the sale of lottery bonds.

In the first round of applications last spring, 27 matching grants worth $2,355,700 were awarded to Oregon Main Street Network organizations across the state. Awards ranged from $17,500-$100,000 for projects from façade improvement to elevator access and seismic upgrades.

Previously funded projects include:
* Klamath Falls Downtown Association received $100,000 to install elevators in two downtown buildings. The project will address the goal of downtown housing and make available 20 units.
* Astoria Downtown Historic District Association received $100,000 for a downtown housing project that comprises 40 units and retail space.
* A $100,000 project in Burns will restore a historic hotel left vacant for decades.
* A $100,000 project in Independence will rehabilitate an underused building to be a local brewery.
* Several communities were selected for work to repair or restore their historic theaters: The OK Theatre in Enterprise $100,000, the Rivoli Theater in Pendleton $100,000, the Bungalow Theater in Woodburn $100,000, and the Hill Theatre, now a retail store, in Hillsboro $100,000.

The next round of the Main Street Revitalization Grant will be open in the spring of 2019. The funds must be used to award grants to participating Oregon Main Street Network organizations to acquire, rehabilitate or construct buildings to facilitate community revitalization. The program also requires that at least 50 percent of the funds go to rural communities as defined in the initial bill.

To learn more about the Oregon Main Street Revitalization Grant or the Oregon Main Street Network, visit www.oregonheritage.org or contact Sheri Stuart at Sheri.Stuart@oregon.gov or 503-986-0679.