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Guide to Programs – HPF Distribution
<br />Refer to “Grant Types and Guideline Matrix” for distribution details
<br />Annual HPF:
<br />$300,000
<br />Total HPF over next 8 years:
<br /> $3,000,000
<br />$900,000 (carry over funds) + $2,100,000 =
<br />$3,000,000 - $600,000(20% contingency)= $2,400,000
<br />Residential Landmark:
<br />$21,900
<br />$1,000 + $900 + $5,000 + $15,000 =
<br />Commercial Landmark:
<br />$181,000
<br />$10,000 + $6,000 + $65,000 + $100,000 =
<br />Commercial Structure of Merit:
<br />$141,000
<br />$10,000 + $6,000 + $50,000 + $75,000 =
<br />Commercial New Construction:
<br />$75,000
<br />HPF Distribution
<br />$600,000
<br />25% - Residential (.25 X $2,400,000 = )
<br /> Potential number of Residential Landmarks at $21,900 cap =
<br />27 landmarked structures 27)
<br />($600,000 / $21,900 =
<br />$1,800,000
<br />75% - Commercial (.75 X $2,400,000 = )
<br /> Potential number of Commercial Landmarks at $181,000 cap =
<br />9 landmarked structures, or
<br />($1,800,000 / $181,000)
<br />12 structures of merit, or
<br />($1,800,000 / $141,000)
<br />24 new constructions
<br />($1,800,000 / $75,000)
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