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SOHO's Preservation Revolving Fund
By Barry E. Hager
Each year in San Diego we witness the loss of more and more of our historic buildings, houses and other structures. This is due sometimes to neglect, but more often to economic pressure to demolish for new development. Once gone, these precious resources can never be regained.
In the never-ending battle to preserve our historic resources against the ever-present threat of destruction, SOHO has established a Revolving Preservation Fund. Through the fund SOHO will purchase an endangered property, take actions to protect and preserve it, and then re-sell the property with restrictive covenants. The proceeds will then be re-used for the next endangered project, thus the term revolving fund.
In a city where the governmental entities charged with protection of historic resources are less and less inclined to enforce their preservation powers, economic incentives often result and even encourage the destruction of historic structures. This Fund will offer SOHO a new and powerful approach to preservation. Similar programs have been used with great success by other preservation organizations, such as Pasadena Heritage and the very successful Preservation North Carolina.
Presently, the Revolving Fund consists of limited monies from SOHO's general operating funds. A serious infusion of more money will be necessary before the Revolving Fund can be utilized for its first project. SOHO welcomes cash donations of any size for the Revolving Fund. Please make checks payable to SOHO, and specify that the donation is for the Revolving Fund. Send checks to Save Our Heritage Organisation, P.O. Box 3429, San Diego, CA 92163.
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MORE FROM THIS ISSUE
SOHO Succeeds in Removing Warner Ranch from Most Endangered List!
President's Message
The La Jolla Saga Continues
SOHO's Preservation Revolving Fund
Update on the Whaley House
Whaley House Garden Restoration Project
Haunted Houses: Preservation Help or Horror?
Historic Façade Easement Program
Villa Montezuma Provides Lessons in Color
California Preservation Foundation 26th Annual Conference
History Alive! Chautauqua
The Binational Preservation Front
SOHO's 2001 People In Preservation Awards
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