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Catalyst for Change - The Federal Historic Tax Credit: Transforming Communities 

03-24-2016 17:46

As part of its Prosperity through Preservation campaign to protect and enhance the federal historic tax credit (HTC), the National Trust and its subsidiary, the National Trust Community Investment Corporation, in 2014 retained economist Donovan Rypkema to undertake a study  that could quantify the ways in which the historic tax credit serves as a catalyst for economic development.

#FederalHistoricTaxCredit #Economics #PreservationTools #Advocacy #historictaxcredit

Author(s):Place Economics
pdf file
The Federal Historic Tax Credit: Transforming Communities   3.31 MB   1 version
Uploaded - 03-24-2016
The report proves for the first time that the economic benefits of historic rehab go far beyond one building. Historic tax credit projects spur an increase in property values, draw new businesses, attract new residents and enlarge the tax base. Projects in Maryland, Georgia and Utah are profiled.