AH117 Using Historic Tax CreditsOne of the federal government's most successful and cost-effective community revitalization programs, the 20% Preservation Tax Incentives credit rewards private investment in rehabilitating historic properties such as offices, rental housing and retail stores. The Preservation Tax Incentives have helped to create moderate and low-income housing in historic buildings. The program began in 1976, and since that time the National Park Service has administered it in partnership with the Internal Revenue Service and with State Historic Preservation Offices. To date tens of thousands of rehabilitation projects have been approved, representing billions of dollars in private investment. Abandoned or under-used schools, warehouses, factories, churches, retail stores, apartments, hotels, houses and offices in many cities have been restored to life in a manner that retains their historic character. This course is essential for nonprofit development staff, rehab specialists and board members involved in project feasibility, financing and development.Course length: 1 Days Tuition: $ 220 Course counts toward a professional certificate: No |
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