FEDERAL & STATE HISTORIC PRESERVATION TAX CREDIT APPLICATIONS
State and federal historic tax credit incentives provide a critical funding source for the rehabilitation of historic properties. RHC guides property owners through the complex application and review process to obtain historic tax credits. RHC works closely with project teams to provide guidance on appropriate rehabilitation measures that meet the needs of the client, prepare all components of the Historic Preservation Credit Application, and coordinate with state and federal agencies throughout the review and approval process.
Federal Historic Tax Credit Program
The 20% Historic Rehabilitation Tax Credit is administered by the National Park Service and the Internal Revenue Service to promote the rehabilitation of historic buildings throughout the country. The program provides a tax credit equal to 20% of qualifying expenses for the rehabilitation of certified historic structures. Properties must be rehabilitated for income-producing use and the rehabilitation must meet the Secretary of the Interior’s Standards for the Rehabilitation of Historic Structures.
State Historic Tax Credit Programs
Many states have also established state historic tax credit programs to provide additional financial incentives for the rehabilitation of historic structures. Programs vary by state, but most closely mirror the federal HPCA process and can be used in conjunction with the federal historic tax credit.
State and federal historic tax credit incentives provide a critical funding source for the rehabilitation of historic properties. RHC guides property owners through the complex application and review process to obtain historic tax credits. RHC works closely with project teams to provide guidance on appropriate rehabilitation measures that meet the needs of the client, prepare all components of the Historic Preservation Credit Application, and coordinate with state and federal agencies throughout the review and approval process.
Federal Historic Tax Credit Program
The 20% Historic Rehabilitation Tax Credit is administered by the National Park Service and the Internal Revenue Service to promote the rehabilitation of historic buildings throughout the country. The program provides a tax credit equal to 20% of qualifying expenses for the rehabilitation of certified historic structures. Properties must be rehabilitated for income-producing use and the rehabilitation must meet the Secretary of the Interior’s Standards for the Rehabilitation of Historic Structures.
State Historic Tax Credit Programs
Many states have also established state historic tax credit programs to provide additional financial incentives for the rehabilitation of historic structures. Programs vary by state, but most closely mirror the federal HPCA process and can be used in conjunction with the federal historic tax credit.
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OLD CHICAGO MAIN POST OFFICE
Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC COOK COUNTY HOSPITAL Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC CHICAGO ATHLETIC ASSOCIATION BUILDING Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC OTIS ELEVATOR COMPANY BUILDING Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC BUSH TEMPLE OF MUSIC Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC 30 EAST ADAMS Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC ROSENWALD APARTMENTS Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC MARSHALL FIELD GARDEN APARTMENTS Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC PULLMAN ARTSPACE PROJECT Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC BRIDGEVIEW BANK BUILDING Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC CHICAGO MUNICIPAL TUBERCULOSIS SANITARIUM Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC HOTEL WARREN/HOTEL SURREY Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC CARLTON TERRACE Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC CARLING HOTEL Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC MARSHALL HOTEL Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC 1819 N. HUMBOLDT Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC |
PECK & HILL FURNITURE COMPANY WAREHOUSE
Chicago, IL Prime contractor: MacRostie Historic Advisors, LLC MOLINE BANK BUILDING Moline, IL Prime contractor: MacRostie Historic Advisors, LLC GARFIELD SCHOOL Moline, IL Prime contractor: MacRostie Historic Advisors, LLC 5TH AVENUE BUILDING AND SEARS ROEBUCK & COMPANY BUILDING Moline, IL Prime contractor: MacRostie Historic Advisors, LLC ST. MARY'S INSTITUTE Prairie du Chien, WI Subcontractor under MacRostie Historic Advisors, LLC HOLY NAME SEMINARY Madison, WI Prime contractor: MacRostie Historic Advisors, LLC SCHWEIGER INDUSTRIES PLANT #3 Jefferson, WI Prime contractor: MacRostie Historic Advisors, LLC BADGER STATE TANNING COMPANY BUILDING Sheboygan, WI Prime contractor: MacRostie Historic Advisors, LLC MUSKEGO STATE GRADED SCHOOL Muskego, WI Prime contractor: MacRostie Historic Advisors, LLC ROOSEVELT SCHOOL Sheboygan, WI Prime contractor: MacRostie Historic Advisors, LLC WASHINGTON ELEMENTARY SCHOOL Sheboygan, WI Prime contractor: MacRostie Historic Advisors, LLC FRANCISCAN PUBLISHING COMPANY BUILDING Pulaski, WI Prime contractor: MacRostie Historic Advisors, LLC COMMERCIAL NATIONAL BANK BUILDING Fond du Lac, WI Prime contractor: MacRostie Historic Advisors, LLC 37TH STREET SCHOOL Milwaukee, WI Prime contractor: MacRostie Historic Advisors, LLC IRVIN COBB APARTMENTS Paducah, KY Client: Hooker Dejong, Inc for The Great Lakes Companies |