How It Works
OTR A.D.O.P.T. transfers vacant, historic buildings to individuals who have the ability and commitment to bring them back to life. Applications to adopt a building should meet the following criteria:
- Financial feasibility and proof of funds*
- Professional assessment of project costs
- Commitment to complete project in a limited timeframe
- Community Benefit
*Federal and State historic tax credits are an excellent source of subsidy for historic rehabilitation projects. See our Historic Tax Credits brochure for more information.