Featured Image Courtesy California Eden: Heritage Landscapes of the Golden State by Christine Edstrom O’Hara and Susan Chamberlin published by Angel City Press at the Los Angeles Public Library. Page 44. Photo credit: Nils Timm. Description: The allusion to Italianate style in the stone colonnade at the end of the pool of Green Gables blends into the views of the Santa Cruz mountains.
Understanding the Federal Historic Tax Credit
The Federal Historic Tax Credit (HTC) has become an important financial tool for the preservation and rehabilitation of commercial certified historic and older buildings. There are two types of HTC: For the rehabilitation of certified historic buildings, the credit is equal to 20 percent of qualified rehabilitation expenditures and a 10 percent credit for the rehabilitation of non-historic, non-residential buildings built before 1936. As with many federal government incentives, the Federal Historic Tax Credit is a complex program with many requirements and regulations.
How do you know if the Federal Historic Tax Credit is right for you? In this one-hour webinar we will look at the basics of the Federal Historic Tax Credit including:
- Qualifying Criteria
- How to Calculate the Historic Tax Credit
- What is considered Qualified Rehabilitation Expenditure?
- Restrictions of the Federal Historic Tax Credit
- Syndicating the Federal Historic Tax Credit
Speaker:
- Corinne Ingrassia