Historic Preservation MicroLoan Fund

 The Historic Preservation Microloan Program exists to preserve West Virginia’s architectural heritage and stimulate community revitalization through advocacy, lending, technical assistance, and development in historic areas in the state of West Virginia. 

Loan amounts can be up to $20,000. There is a 2% interest rate on loans issued by PAWV.  All work must be completed between 24-60 months of the loan issue date, and loans are to be paid back within that 24-60 month period. 

Loan applications are accepted on a rolling basis. All applicants must submit a $100 non-refundable application fee.

To learn more about whether your project may qualify or if you are interested in the program, contact Danielle Parker at [email protected] or by calling 304-345-6005.

Loan Fund Application (MSDoc)

Loan Fund Application (PDF)

Additional Loan Fund Information (MSDOC)

ELIGIBLE APPLICANTS:

• Nonprofit organizations
• Individuals
• Businesses
• Municipalities
• Religious organizations

ELIGIBLE PROPERTIES:
Funds must be used for the acquisition, restoration, or redevelopment of a building that is:

• Listed on the National Register of Historic Places (NRHP);
• A contributing structure in a NRHP district;
• Eligible to be listed on the NRHP as determined by the State Historic Preservation Office; or
• On the current or past list of West Virginia Endangered Properties.

Projects Supported by PAWV's Microloan 

Historic First Zion Baptist Church, Harpers Ferry - PAWV's microloan helped the nonprofit owner refinance its mortgage and save the building.

Tygart Hotel, Elkins - PAWV's microloan assisted with gap funding.

Staats Hospital, Charleston - PAWV's microloan provided gap funding.

ELIGIBLE EXPENSES:

• Pre-development expenses such as architectural, engineering, appraisal,  and tax credit consulting 
• Building acquisition when all other funds have been secured
• Priority is given to construction costs for exterior stabilization or rehabilitation including:
  • Front and secondary facades
  • Foundations
  • Gutters and/or roof
  • Windows
  • Storefronts
  • Signage and awnings only as part of an overall façade renovation
• For Endangered Properties only, priority is given to interior or exterior construction costs that are needed to stabilize the building.

Thank you to the 1772 Foundation for making this program possible.