Programs
Local Facade Grant
The Houma Downtown Development Corporation/Main Street program rests upon four (4) elements, that create a positive, marketable identity for downtown: organization, promotion, physical improvements, and economic restructuring. The purpose of this grant is to create a positive marketable image for downtown by repairing and rehabilitating commercial buildings. Grants are to be made to owners or lessees of historic buildings, which are used for businesses or offices in the downtown area. To read over the local grant application or download it, click here.
State Facade Grant
The Louisiana Main Street Facade Grant is a program that is intended to be a catalyst for the rehabilitation of the exteriors of historic commercial buildings located within the downtown areas of designated Louisiana Main Street cities. Awarded on an annual basis, the reimbursable grant requires that a matching amount be provided by the property owner or tenant, and the project is reviewed by the Louisiana Division of Historic Preservation to ensure conformance with the Secretary of the Interior's Standards for Rehabilitation. For more information please contact Michael Wyatt, Main Street Design Coordinator at mwyatt@crt.state.la.us or by calling 225-342-6762. To read over the state grant application or download it, click here.
Tax Incentives Program
The state of Louisiana offers a number of tax incentive programs for Louisiana's historic buildings. To learn more about of these programs, click here.
One program offered is the Historic Rehabilitation Tax Credit to qualified properties. A qualified owner may be eligible for a 20% federal income tax credit on the cost of rehabilitating an income-producing building. To see the requirements, click here.
Another is the State Commercial Tax Credit Program. This program was created To promote the rehabilitation of income-producing historic buildings that contribute to the significance of designated Downtown Development Districts and Cultural Districts in Louisiana. To read a quick fact sheet about this program, click here.
The state also offers a Residential Tax Credit Program. This program offers Louisiana homeowners who qualify for up to a 25% tax credit against their Individual State income. To read a quick fact sheet about this program, click here.