Main Street is a major component of commercial life in America. The new legislation encourages the rehabilitation of these buildings to revitalize our Main Streets and add new chapters to their stories.
HTCs and NMTC serve as excellent complements to one another, seeking to accomplish shared goals and providing flexibility in funding to developers that pair them. Read the full article here.
In many of the more than 8,700 opportunity zones (OZs) in the US, historic buildings or buildings that are potentially eligible for historic designation, are ripe for development. This article features Interviews with three experts who are versed in paring OZs and HTCs. Read the full article here.
Last November, we conducted the first in an interview series with Patrick Robertson of Confluence Government Relations, who leads the Historic Tax Credit Coalition (HTCC) government relations effort.
Constructing Workforce Housing utilizing HTCs provides developers the opportunity to close the financing gap while maintaining rent requirements. Read more here.
An unlikely pair: read this article about how the redevelopment of public housing provides opportunities for historic incentives.