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Historic Preservation Tax Credits

Historic Preservation Tax Credits. The Process and Avoiding Common Problems. National Park Service, Technical Preservation Services. Success. Over 36,000 projects approved Promoted investment of over $48 billion Repeat users. It Is a Regulatory Program.

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Historic Preservation Tax Credits

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  1. Historic Preservation Tax Credits The Process and Avoiding Common Problems National Park Service, Technical Preservation Services

  2. Success • Over 36,000 projects approved • Promoted investment of over $48 billion • Repeat users

  3. It Is a Regulatory Program • Not uncommon that there will be some required changes • Submit your project for review early in the planning process

  4. Who • Administered by the National Park Service in conjunction with State Historic Preservation Offices (SHPO)

  5. What • Unlike most other historic preservation review processes, your entire project will be reviewed • Interior and exterior work on the historic building/s • Any new construction on the site • Parking

  6. Where • Most SHPO offices are located in the state capital • National Park Service’s Technical Preservation Services is in Washington, DC

  7. Two Certification Are Needed • Certified Historic Structure • Certified Rehabilitation

  8. Three-Part Historic Preservation Certification ApplicationPart 1—Evaluation of Significance • Is my building historic?

  9. Certified Historic Structure • Individually listed in the National Register of Historic Places • Contributes to a National Register historic district • Contributes to a registered historic district • For certified multi-building properties such as a mill, only contributing buildings are eligible

  10. Preliminary Determinations • Proposed individually listed National Register property • Contributing building in a potential historic district • Certified Historic Structure status must be obtained no later than 30 months after the building is placed in service

  11. Project Review • Consult early on in the planning process with the SHPO • Seek preliminary review from the National Park Service on potentially problematic issues prior to submission of Part 2 of the Application

  12. Three-Part Historic Preservation Certification ApplicationPart 2—Description of Rehabilitation • Does my proposed work meet the Secretary of the Interior’s Standards for Rehabilitation?

  13. Secretary of the Interior’s Standards for Rehabilitation • Widely used set of 10 broad principles intended to the historic character of the property • Same NPS office issuing tax credit certifications administers the Standards for Rehabilitation

  14. Three-Part Historic Preservation Certification ApplicationPart 3 Request for Certification of Completed Work (the last step) • Submitted only after work is completed • Issued by NPS only for certified historic structures where completed work has met the Standards for Rehabilitation

  15. Phased Advisory Letters • Projects involving multiple buildings in a complex that are being rehabbed one at a time • Large building rehabilitation being done in distinct phases

  16. If Your Project is Denied • First, try to resolve the issues • Alternative is the Appeals Process

  17. Avoiding Common Problems • Start the process early in the project planning • Consult early with the SHPO • Get decisions in writing from NPS

  18. Avoiding Common Problems— Part 2 Application • Include before and proposed after plans • Provide good photographic documentation of the entire property in its before work condition • Authorize prepayment of processing fee charged by NPS

  19. Avoiding Common Problems • Check websites of SHPO and NPS for additional information on the application submission • Keep track as to which set of architectural plans have been approved • Use services of a preservation consultant as needed • Realize each project is different

  20. Common Rehabilitation Issues— New Construction • New buildings or new onsite parking • Rooftop additions and mechanical equipment • Adjacent and connecting new additions

  21. Common Rehabilitation Issue—Exteriors • Ground floor changes to commercial buildings • Window work • New balconies

  22. Common Rehabilitation Issues—Interiors • Dividing significant rooms or major common spaces • Redefining a building’s basic floor plan • Exposing mechanical ductwork in traditionally finished spaces • Removing plaster to expose masonry walls and ceiling joists

  23. State Incentives • More than half of the states have tax credits or other incentives that can be piggybacked with the Federal tax credits

  24. For Additional Information • NPS website is www.nps.gov/history/hps/tps • To request copy of the Technical Preservation Services Catalog of over 100 publications either email at NPS_HPS-info@nps.gov • Or write Technical Preservation Services, National Park Service, 1840 C Street NW, Washington, DC 20240

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