Downtown Dayton Project Receives $4.5 Million In State Funding
A Dayton redevelopment project has received $4.5 million in state historic tax credits today.
Developers will use the credits to restore two buildings in Dayton’s Fire Blocks District, near the center of downtown. In another award, Grandview Hospital received $106,000 in allocated credits.
The Elks Building and the David Building will be converted into apartments, shops and restaurants, while Grandview will receive housing updates for employees and students.
The funds come from the Ohio Development Services Agency and are part of a $27.8 million dollar grant awarded to 39 historic sites statewide.
Agency Director David Goodman said in a released statement that both projects are a part of a larger urban renewal vision for downtown Dayton.