9:15HUD Low Interest Loan APPLICATION-1

HUD Loans Community School
The Odd Fellows Hall was repainted with HUD Loans last year

Low Interest Loans Available to Rehab Commercial Buildings
in Port Townsend’s Commercial Historic Districts

The Port Townsend Main Street Spring HUD Loan application deadline is
Thursday, March 31st, 2016 at 5 pm. These funds can help property owners accomplish historic preservation goals and safety improvements in their buildings and is available to commercial buildings in Port Townsend's Downtown and Uptown Commercial Historic Districts. With these funds, building owners have painted the exterior of their buildings, repaired roofs, fixed staircases, re-pointed brick facades, installed windows and improved the safety of their buildings.

PLEASE NOTE: No retroactive proposals, thank you.

Projects funded in the past include The Terry Building, The Gallus Rutz Building, Aldrich's Grocery, US Bank Building, the C.F. Clapp Building, the Sorge Building, the Mary Webster Building, the Miller Burkett Building, the James and Hastings Building, the Bartlett Building, the Rose Theatre Building, the Green Eyeshade Building, the Palace Hotel, the Captain Tibbals Building, the Hastings Building, the Kuhn Building, the Odd Fellows Building, the Port Townsend Athletic Club Building and the Abracadabra Building.

It’s easy to apply
. Applicants fill out a brief application, include a photo of the building, total budget, timeline for work, two estimates and funding amount requested. Applications can be downloaded from Main Street’s website. Forms are also available at the Main Street office in the Mount Baker Block Building, 211 Taylor Street, 2nd floor, Suite #3. The HUD Loan application deadline is 5 pm, March 31, 2016. Completed applications must be returned to the Port Townsend Main Street Program office at 211 Taylor Street, #3, Port Townsend WA 98368 by the deadline.

Loan amounts may be between $1,000 to $40,000 with a ten-year term. Interest charges are set at 5%, but with early repayment, your interest could be as low as 0%. Contact the office at (360)385-7911 or email for more information.
The Port Townsend Main Street Program Mission: Fostering economic vitality and preservation of place within our commercial historic districts…while maintaining our small town quality of life.