The program saves threatened old buildings, usually by getting the right to purchase the properties and then selling them to people who agree to restore them. To date, more than 45 properties have been protected by the program, formerly known as the Revolving Fund.
The program’s other ways of saving and protecting historic buildings have included making loans to encourage restoration and accepting preservation easements that give BRI control over building facades.
The program both saves landmark buildings and the more common old buildings that create the fabric of historic neighborhoods. The properties can be found in areas such as Bloomington’s west side neighborhoods, Stinesville, Harrodsburg and Ellettsville.