Main Street Revitalization Program
The Main Street Revitalization Program (MSRP) supports rural residents in their endeavors to create successful, sustainable communities and improve local quality of life. The MSRP grant encourages long-term community development efforts in the form of business creation, increased tourism, historic preservation, and other economic revitalization efforts. MSRP grant applicants must have a designated Indiana Main Street organization in good standing, and the project must be part of the Main Street organization’s overall strategy. Communities applying must:
- Have a designated Indiana Main Street Organization that:
- is Nationally accredited (NAMS), or
- is an Indiana Accredited Main Street (IAMS).
- The Main Street Organization is in good standing and has met all reporting requirements.
- The Main Street Organization has met their education requirement with the Indiana Main Street Program during last calendar year.
- The Main Street Organization is functioning within the Main Street Four Point Approach of organization, design, economic vitality and promotion, and if a Nationally Accredited Main Street, is using a Transformation Strategy.
- The Main Street Organization has work plans for each of its committees that have been submitted to Indiana Main Street.
- The Community has completed a downtown revitalization plan within the past five (5) years that meets OCRA’s minimum plan requirements. If a community has an alternative plan that meets OCRA’s minimum plan requirements for a downtown revitalization plan, they can use that alternative plan with approval from the CDBG Program Director.
- The Main Street Organization has been involved in the project development process for the application and there is a plan for their continued involvement if awarded.
Grantees must ensure that the local Indiana Main Street Organization remains in good standing with OCRA until the completion of the project. If the local Indiana Main Street Organization falls out of good standing, then de-obligation or repayment of CDBG funds is possible.
Projects with a total cost more than $2 million may apply for a maximum grant amount of $600,000. Projects with a total cost less than $2 million may apply for a maximum grant amount of $500,000. The maximum award is not intended to serve as a target figure for requests for grant assistance. OCRA will review the level of grant assistance requested and will consider the appropriateness of the project’s scope, the level of demonstrated need and the financial resources of the applicant. If OCRA determines that a lesser amount is appropriate, it may be necessary to revise the project before it is submitted in final form. A local match of 20% of the total project cost will be required for consideration of funding.
All MSRP projects must meet the CDBG National Objective Elimination of Slums and Blight. Use this form to determine how your project meets the National Objective: