Residential Rehabilitation
We offer revolving loans and grants that aid in restoring historic or underutilized homes and buildings located within a designated area of historic Franklin.
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Commercial Property Restoration
We offer facade grants and loan programs designed to encourage business and commercial property owners to invest in properties in Franklin’s historic downtown.
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Direct Investment
We purchase endangered properties and restore them for purchase - to enhance a neighborhood or business area.
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About the FDC
We support economic development by incentivizing the revitalization of homes and buildings in the historic areas of Franklin, Indiana.
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The Franklin Development Corporation Board has approved the following project grants. Follow us on Facebook for updates.
Our Community Investment
Since 2010
$1.9m
Commercial Facade Matching Grant
$1.7m
Commercial Revolving Loan
$288k
Residential Revolving Loan
Featured Project
Iozzo's Restaurant
Indianapolis favorite Iozzo’s Garden of Italy is bringing housemade pasta, custom wine and seafood to downtown Franklin, thanks in part to the Franklin Development Corporation. The restaurant will be opening at 351 E. Jefferson Street, next to the railroad tracks. FDC renovated it in 2016 after it had been vacant for about 15 years. The roughly 3,500-square-foot restaurant will seat about 99 guests, with 79 seats at tables and 20 seats at the bar.
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About Your Project
Are you interested in knowing more about loan programs and grants for your historic home or building project?
