The HPF is funded with revenues from Outer Continental Shelf oil leases. Congress authorized the HPF at $150 million annually. The annual appropriations have been in the $60 million range over the past few years.
Historic Preservation Fund
The Historic Preservation Fund (HPF) provides matching grants to State and Tribal historic preservation offices to pay for such things as surveys of historic resources, training, nominations to the National Register of Historic Places, and grants to local jurisdictions. In short, it makes preservation possible. This fund is an expression of federal commitment to America's rich heritage.