NATRONA HEIGHTS, September 8, 2008 – State Sen. Jim Ferlo today announced a $35,000 grant to assist the Vandergrift Main Street program. The grant will be added to the Restoration Revolving Fund, which was created in 2006 to bring new life to downtown Vandergrift and to restore its distinctive buildings.
“I am pleased to announce this funding that will improve the downtown area of Vandergrift and revitalize community buildings,” Ferlo said.
The Revolving Fund was initially capitalized with a $300,000 grant from the Allegheny Foundation.
In addition, the Vandergrift Improvement Program (VIP), a non-profit organization, announced the acquisition of two new buildings in the heart of downtown Vandergrift, and the restoration of a third building, all utilizing the original Scaife grant to establish the Revolving Fund.
"The VIP is using the Restoration Revolving Fund so effectively that I am very pleased to add additional state resources to it for further leverage," said Sen. Ferlo.
With the funds, VIP has acquisitioned the following properties:
- 143 Grant Ave. in 2007 and has completed a complete masonry and storefront restoration of the facade. The roof has been replaced. The VIP is in negotiations with a tenant who plans to open a bakery and yoga studio on the first floor and live above in the second floor residential unit.
- 139-141 Grant Avenue. The roof, which had been severely compromised, has already been replaced. The VIP is also upgrading the electrical system and plans to fully restore the facade. Long-term plans include renovating the 5 second floor apartments, which are uninhabitable.
- 134 Grant Avenue (the former JC Penny’s Building). The VIP has cleared the building of debris and is working on a long-term plan to locate a Community Art Center and a small business incubator in this space.
The VIP began in 2003 with a grant from Sen. Ferlo and received DCED Main Street designation in 2005. The main street program is in year three and is being managed in partnership with the Pittsburgh History and Landmarks Foundation (PHLF).
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