Members of Fulton's Historic Preservation Committee came to the City Council this week with a proposition.
If they would budget $20,000 next year, they will find a matching grant and make a program for prospective property owners.
"Jefferson City has a historic neighborhood redevelopment program to fix run-down dwellings," David McDaniel said.
He said he'd like to see a similar program in Fulton's historic districts. One element would provide up to $5,000 toward a down payment - a buyer's assistance program. The property has to qualify and previously been a rental or vacant for six months.
The new homeowner would agree to occupy the dwelling a minimum of five years, and if they don't, they will have to repay the money.
"We're trying to get owner occupants in the historic districts," McDaniel added. "We're hoping to get five home purchases (a year). It would be a new purchase."
Also, run-down rental owners would be assisted in fixing up exteriors
"We'd pay up to 50 percent of the cost, not to exceed $5,000," McDaniel said. "The porch is really the biggest item."
Qualifying commercial building owners would also be assisted in restoring the property to original condition. Fifty percent of the cost up to $10,000 could be available.
The committee is considering expanding historic districts. Buildings constructed before 1959 are the target, McDaniel added.
"Renovation has to be approved before it starts," he said. "We want to offer some assistance to make (the town) look better."