Commercial Upper Floor Revitalization Revolving Loan Program

 This program is for the development of upper commercial building floors for residential or commercial use.

To be eligible for the Revolving Loan Fund (RLF) Commercial Program, the applicant and project must exist within the Deadwood city limits and as part of a Commercial Property;

A project must also meet one of the following:

• The project must affect a property listed on the City of Deadwood’s 1993 Historic Sites Inventory as an historic property in the Deadwood National Historic Landmark District.Properties not listed on the inventory must be eligible for the National Register of Historic Places as defined in the National Park Service’s National Register Bulletin 15: How to Apply the National Register Criteria for Evaluation.
• The project must affect individual life safety and structural deficiencies as determined by the City of Deadwood’s Building Inspector and applicable life safety codes.Determination of individual life safety issues and structural deficiencies is based upon the codes adopted by the City of Deadwood under Chapter 15.01.010

If the project is eligible for the Real Estate Tax Moratorium, Historic Tax Credits, and/or Conversation Easement; the applicant must submit the appropriate applications and have received project approval prior to loan funding. The Preservation Commission reserves the right to waive the requirement in the case of emergency.

The City of Deadwood’s Historic Preservation Officer and Building Inspector determine a project’s eligibility.  All eligible applications are subject to the review of the Deadwood Historic Preservation Commission.

The loan programs are contracted and operated through NeighborWorks Dakota Home Resources.  For information regarding the loan programs click here.