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Combining state and/or federal historic tax credits with the federal New Markets Tax Credit is also a possibility if the project is located in a low-income census tract. Syndicating historic tax credits can be a significant advantage for developers, especially those who do not have sufficient tax liability to claim the tax credits themselves ...
The $4.7 million project received $520,000 in state historic tax credits. The Edna will be the latest of several renovated and new buildings in the neighborhood on the east side of Interstate 71 ...
The Texas Historical Commission preserves and operates 39 state historic sites across Texas. These unique places honor the past and inspire an understanding of what it means to be a Texan. From American Indian sites to frontier forts to common and elegant homes and the leaders and statesmen who lived in them, these sites enrich people's lives ...
The benefits historic tax credit programs to state budgets have been often controversial, but there are many indirect economic benefits to local communities. [ 3 ] The property tax value of a restored mill it typically about ten times greater than the existing underutilized mill building, and there is also the added benefit of many construction ...
A downtown Milwaukee office tower completed in 1989 could be designated as historic − allowing its owners to seek federal and state tax credits to help finance a conversion to apartments. But ...
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Recorded Texas Historic Landmark (RTHL) is a designation awarded by the Texas Historical Commission for historically and architecturally significant properties in the U.S. state of Texas. RTHL is a legal designation and the highest honor the state can bestow on a historic structure.
Historic tax credits are the hot topic in Missouri where Gov. Jay Nixon is pushing to shrink the state's program in the waning days before the state legislature adjourns. Missouri's program is the ...