Feasibility Study for Preserve Chattanooga

Hanbury Preservation Consulting has completed a revolving fund feasibility study for Preserve Chattanooga. The study included an internal assessment, a board survey, a public survey, interviews with local stakeholders, a literature review and an analysis of organizational records, policies, and procedures. Data was collected from interviews and surveys about perceptions of needs within the larger community, opinions about revolving funds, and opportunities for increased cooperation and collaboration with partner organizations.

The study found that a revolving fund supports the organization’s mission and would address community- identified needs. The study noted areas for growth including the development of additional diversified funding sources. It also outlined strong factors for success including a community with abundant historic resources, strong partner organizations, a history of real estate participation, and a particularly experienced board and staff.