Preservation Incentives

Though the Quincy Preservation Commission does not currently offer any financial incentives for local designations or National Register properties, it does provide information and contact information for other organizations which provide preservation incentives or further information.  These include:

Quincy Preserves!

Facade Program - to provide financial assistance for restoration of period architectural design details on commercial building facades in Quincy’s Central Business District.  It has a maximum of $50,000 award per project, with a division of 25% in form of a grant, 25% in the form of a low-interest loan, and 50% from the owner

Illinois Historic Preservation Agency

Property Tax Assessment Freeze Program - freezes the value of historic properties that are single family, owner occupied residences listed on the National Register or local register for substantial rehabilitation

Federal Preservation Tax Credits - a 20% income tax credit for substantial rehabilitation of income producing structures that are listed on the National Register of Historic Places.  A 10% income tax credit is available for substantial rehabilitation of income producing buildings built before 1936 that are not certified historic structures.

Landmarks Preservation Council of Illinois

Preservation Easement Program - donation of an easement of a historic property to permanently protect the property

Endangered Buildings Grant Program - matching grants to non-profit organizations to assist in the preservation of historic buildings threatened with demolition or demolition by neglect

Illinois Department of Community Affairs

Facade Loan Program - loans for the improvement to exteriors and facades of existing buildings in Main Street districts of Illinois Main Street communities. 

Illinois Department of Transportation

Transportation Equity Act for the 21st Century (TEA-21) - provides funds for projects relating to transportation .

Illinois State Treasurer

Experience Illinois! - pilot loan program for projects focusing on historic preservation, tourism, and community enhancement.