What are preservation tax incentives?

by Andrew Shaffer  on June 27, 2018 | | No comments

Preservation tax incentives are financial tools that can be used to obtain property or income tax relief related to the rehabilitation and/or maintenance of a historic property. Some states have State Rehabilitation Tax Credits, California does not. There is the Federal Rehabilitation Tax Credit Program (https://www.nps.gov/tps/tax-incentives/taxdocs/about-tax-incentives-2012.pdf) that is administrated by the State Office of Historic Preservation in coordination with the National Park Service, and the locally administered Mills Act programs.

About the Author

Andrew Shaffer is the California Preservation Foundation’s Engagement Director. His job includes sharing stories of CPF’s work and collaborating with members and partner organizations on preservation issues across California. Prior to joining CPF, he studied at the University of San Francisco and the University of Wisconsin, where he specialized in LGBTQ history, preservation, and activism. Andrew is a transplant to San Francisco and loves showing off his adopted hometown to people from all over the world.