Below are organizations that offer funding for demolition and deconstruction projects, as well as other useful links. For tools to guide you through the demolition process, click here.
Eligibility: Cities and counties must have the authority to acquire and/or demolish the property and the structures to be razed must constitute a health and safety hazard.
Funding used for: Formerly known as the Demolition Program, the program provides loans to be used to acquire and remove vacant and dilapidated properties from communities.
Fund description: $1 million is available annually for the next 5 years (beginning in 2015). An eligible applicant may receive up to $250,000. Program Loan terms may be for periods up to seven years and will accrue interest at graduated rates starting in the second year. For more details, click here for a copy of the program guide.
Establish a self-financed revolving fund that is a line item on the budget. A fund of $50,000 could demolish approximately five houses.
Put a lien on the property (local government) to recover costs and a judgment may also be filed against the property owner personally.
Establish a side yard program: After a structure is demolished, the ordinance allows the lot to be offered first to the owners who live adjacent to the property.
Develop inter-governmental agreements with Housing Authorities or other entities that can use the property as part of a redevelopment project.
Research federal programs such as the National Stabilization Program and others at GRANTS.GOV.
The US EPA offers additional suggestions for how to fund demolition projects here.