| In
the 1970s, many historic Fort Collins buildings stood in stages
of decay, appearing neglected and unappreciated. Today, they create
a colorful ambiance for local residents and visiting tourists who
enjoy shopping, dining and celebrating events in this unique section
of town. The revitalization of Old Town and the downtown district
owes much of its success to the efforts of the Fort Collins Local
Development Company (LDC).
The
LDC continues to facilitate the rejuvenation of downtown Fort
Collins and the North College area by offering low-interest loans for facade and interior
renovation work. As a private, nonprofit organization, the LDC
is able to provide funding at more favorable interest rates than
those generally available in the conventional market.
Since
its inception in 1977, the LDC has funded over 100 projects ranging
from its popular facade “facelifts” program and related
interior renovations to helping purchase endangered historic properties.
Although the LDC has kept a low profile over the years, it has
played an important role toward its goal of aesthetic enhancement
of the downtown area and general economic development of the City
of Fort Collins.
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