EPIP - Investing in Preservation
The Preservation League is a statewide, not-for-profit membership organization. One of the League’s most significant achievements in recent years is the establishment of a statewide real estate program. The Endangered Properties Intervention Program, or EPIP, helps individuals,not-for-profit organizations, companies and municipalities return endangered historic properties to active use.
Established in 2007, EPIP makes it possible for the preservation community to take direct action when an important historic resource is threatened with disinvestment, neglect or demolition.
EPIP provides loan funds to those working to acquire, stabilize and restore historic properties. To date, the program has focused on making loans, but EPIP also allows the League to accept donations of property and contract to buy or sell a property.
As of May, 2014, Preservation loans totaling $1.3 million from the League’s EPIP fund are leveraging $2.7 million in additional public and private investments for nine preservation projects.
For more information or to request a loan application, email Bill Schroeder, EPIP Manager or call 518-462-5658 x26.
EPIP Fast Facts