Preserving, Protecting and Promoting the Character of our Communities
Revolving Fund
Diane Williams Parker Revolving Fund
The Revolving Fund was established 1970 with the purchase of the Avera-Wierig and was named in 2004 following a gift by Mr. Thomas Lyle Williams, III, in honor of his sister.
The Avera-Wierig House
The Fund is actually a program of Landmarks, as opposed to a bank account. The Revolving Fund began with the purpose of acquiring endangered historic buildings to stabilize or rehabilitate and sell to preservation-minded owners, protecting them from demolition or neglect.
The Woodson-Dekle House
Today, the Revolving Fund promotes sensitive rehabilitation of historically significant properties and provides for long-term protection. Preservation easements are attached to the deeds to ensure that the historic integrity of each property is retained.
Through The Revolving Fund, Landmarks has saved over fifty properties and holds easements on several more, including four in Tockwotton and sixteen in the South Love Street-Warren Avenue neighborhood. Those two neighborhood initiatives are rightly viewed as two of Landmarks’ biggest successes, setting the tone for the preservation of entire in-town neighborhoods.
1964
1970
Revolving Fund began with the purchase of the Avera- Wierig house.
1964
1971
Four houses on Hansell Street purchased and saved from demolition for the construction of a strip mall.
1964
1998
Began the Love-Warren Place revitalization initiative, eventually purchasing and rehabilitating 16 houses between 1998 and 2004.
1964
2005
Purchased and moved the 1855 Woodson-Dekle house, saving it from demolition after years of neglect.
1964
2012
Revolving Fund purchased and renovated several houses in the Victoria Park Urban Redevelopment Area.
