The Saratoga Springs Preservation Foundation has received a grant of $35,000 to help in its effort to renovate the rundown structure at 65 Phila St. in Saratoga Springs.
The Phila Street building is the first property to be rehabilitated under the Foundation’s new Historic Property Redevelopment Program.
“This generous grant from The 1772 Foundation provides critical funding for the successful rehabilitation of 65 Phila St. The net proceeds from the sale of this property will be reinvested into a future preservation project, potentially another endangered building, that will benefit the community,” said Samantha Bosshart, Foundation executive director.
The Saratoga Springs Preservation Foundation was one of 25 preservation organizations across the country to receive a grant from The 1772 Foundation.
The 1772 Foundation, based in Connecticut, works to ensure the safe passage of our historic buildings and farmland for future generations. It is named in honor of its first restoration project, Liberty Hall in New Jersey, which was built in 1772. The 1772 Foundation plays a leading role in promoting HPRPs, also known as revolving funds, nationwide.