This month’s Novogradac Journal of Tax Credits Tool Box article emphasizes how putting residents at the center of rehabilitations like that of Parkside Neighborhood Preservation in Philadelphia is paramount to the success of the project itself.
News
The Latest: January 2024
In this month’s issue of the Latest: State HTC Look Ahead, Legacy of Senior Housing in Milwaukee, Rehabbing Affordable and Public Housing
Legislative Progress on State HTCs Highlights Ongoing Value of Incentive
Among the most commonly used and perhaps the most important tool in the historic tax credit (HTC) toolbox is the ability to twin the 20% federal credit with the various state HTCs. In most states, this additional incentive can provide on average 20%-25% of state HTCs that can be used in tandem with the federal […]
Historic Tax Credit Industry Updates
In this month’s article, we sit down with Patrick Robertson of Confluence Government Relations to discuss the status of the Historic Tax Credit Growth and Opportunity Act (HTC-GO) at the end of 2023.
The Latest: November 2023
In this issue of our monthly eBlast: Laying the Groundwork for HTCs, Celebrating Historic Iowa Hotel, New Team Member
Case Study: Landmark Place in Kingston, NY
An article from Tax Credit Advisors about Heritage’s project Landmark Place. Heritage worked with developer RUPCO to secure historic tax credit approvals to rehabilitate the historic Italianate building into affordable housing with supportive services for seniors.
Laying the Groundwork for HTCs
Using the rehabilitation of of Carolyn Mosby Senior High Rise, also known as Mosby Tower, a public housing building in Gary, Indiana, as an example, this month’s Novogradac Journal of Tax Credits Tool Box article outlines the advanced preparation that is often required for HTC projects involving public housing.
The Latest: October 2023
In this issue of our monthly eBlast: Twinning Incentives, Chicago Bank is Listed, 2023 HTC Conference, New Heritage Logo
Philadelphia’s 4601 Market Development: An HTC/NMTC Success
This month’s Novogradac Journal of Tax Credits Tool Box article examines how the rehabilitation of the former Provident Mutual Insurance Company Building overcame financial hurdles by pairing historic tax credits (HTCs) and new market tax credits (NMTCs).
The Latest: September 2023
In this issue: Conversations with NPS, Gothic Revival Community Hub, Back to School Rehabs, Consultant Training
NPS Historic Tax Credit Update
The HTC program has continued to prove that it is one of the most effective tools for economic development. This month, we spoke with Brian Goeken, chief of the Technical Preservation Services, to discuss the current state of the program and its outlook for the future.
The Latest: August 2023
In this month’s news blast: Life after Part 3, Prestigious Portland DeMuro Award Winner, Culinary Arts for a former KS Department Store, Welcome Haley Wilcox