The Industrial Revitalization Fund (IRF) leverages local and private resources to achieve market-driven redevelopment of vacant and deteriorated industrial and commercial properties. The program is targeted toward vacant structures whose poor condition creates physical and economic blight to the surrounding area in which the structure is located. Eligible properties 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 proposed end use will be solely residential are not eligible.
The next round of funding for FY27 IRF grants will open May 1, 2026, and applications will be due on July 1, 2026.
DHCD will hold a How to Apply webinar on Wednesday, April 22, 2026, with program updates and application instructions. Please click here to register for the webinar.
