The program is targeted toward vacant industrial structures whose poor condition creates physical and economic blight to the surrounding area in which the structure is located. Eligible properties shall include those formerly used for manufacturing, warehousing, mining, transportation and power production, as well as large-scale white elephant structures, such as department stores, theaters, hotels and shopping centers. Structures whose original intended use was solely residential are not eligible.
Remnants of past economic vibrancy and local economies in transition, these structures are no longer suited for their former purpose, and in their current deteriorated condition, stand as a significant deterrent for future economic opportunity in the surrounding area and region. The maximum level of funding is $600,000.
Only local governments (city, county or town) or regional or local economic or industrial development authorities may apply for the funds. However, localities may designate a redevelopment authority or other similar organization as the designated agent for implementation and administration of activities. Eligible applicants may also partner with private and nonprofit entities.
- IRF Program Design
- Application Instruction Manual
- How to Apply Workshop Slides
- IRF How To Apply Workshop - July 23, 2013
*The application deadline for the 2014 IRF funding round has been extended from August 30, 2013 to September 20, 2013. If you would like to discuss a potential project, please get in touch with Louellen Brumgard (804) 371-7069, or Lauren Fink (804) 371-7121.