Main Street Gettysburg launches zero-interest loan program

Main Street Gettysburg, Inc. is pleased to announce the continuation of its Zero-Interest Loan Program, which has already provided over $300,000 in loans to qualified commercial property owners in the borough. This vital program offers financial assistance to property owners looking to improve the exterior and functionality of their buildings, providing up to $10,000 in zero-interest loans.

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The Zero-Interest Loan Program is designed to encourage the revitalization of Gettysburg’s historic and commercial properties, helping property owners meet necessary improvements while maintaining the town’s character and charm. The program covers a wide range of eligible improvements, including:

• Façade enhancements such as painting, signage replacement, and repairs
• Roof repairs or replacement
• Sidewalk repairs
• Electrical, plumbing, heating, and air conditioning system upgrades
• Handicapped accessibility modifications
• Architectural fees for design services
• Correction of code deficiencies

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“The Zero-Interest Loan Program has had a tremendous impact on our local community,” said Jill Sellers, President of Main Street Gettysburg. “With these loans, we can enable essential upgrades that benefit both businesses and the overall vitality of our historic downtown. We’re excited to offer this valuable resource to encourage investment in Gettysburg’s future.”

Eligibility Criteria and Terms: To qualify for the program, projects must be located within the Borough of Gettysburg, and funds can only be used for eligible improvements in accordance with the borough’s ordinances and guidelines. Applicants must submit a completed application, two written quotes from licensed contractors, and documentation demonstrating the financial ability to repay the loan.

• Loan Amount: $1,000 to $10,000 per property
• Repayment Term: Maximum five years
• Program Fee: $150 non-refundable application fee; 1% origination fee at closing
• Approval Process: Applications are reviewed by the Main Street Gettysburg Executive Committee and, if approved, recommended to the Board of Directors for final approval

Ineligible Items:

• Residential rental unit improvements
• Non-permanent equipment or merchandising fixtures
• Demolition or property acquisition
• New construction or working capital

Main Street Gettysburg continues to reserve the right to request collateral for loans and to modify program criteria at its discretion.

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How to Apply: Interested property owners can access the application package and learn more about eligibility requirements by visiting Main Street Gettysburg, Inc. at 59 East High Street, Suite 3, Gettysburg, PA 17325, or by calling (717) 337-3491. Completed application packages can also be mailed to this address. Detailed instructions are available on the Main Street Gettysburg website.

For additional information or assistance with the application process, please contact Main Street Gettysburg at [email protected] or 717-337-3491.

ABOUT MAIN STREET GETTYSBURG

Main Street Gettysburg (MSG) was founded in 1984 as a non-profit organization to unite and lead the Gettysburg community in successful economic- and community-development projects to enhance the quality of life for Gettysburg and Adams County residents. The Main Street Gettysburg mission is to work with community partners for the historic preservation, economic revitalization, and overall enhancement of Gettysburg. The organization oversees ambitious initiatives and economic-development strategies. Major accomplishments include a 10-year interpretive plan for historic preservation in the Borough of Gettysburg; the $7.5 million Steinwehr Avenue Revitalization Project; over $480,000 in commercial investment under the Façade Improvement Program in 2023; Wayside Marker Project in 2024; annual A Gettysburg Christmas Festival; and federal grant applications for the Baltimore Street Project and other initiatives to reduce the tax burden for public projects. www.mainstreetgettysburg.org