What happens when you instinctively know
a building is significant, but the history is
largely unknown?
While a developer may feel a building is historic,
unless significance is established, a building will
not be eligible for the historic tax credits (HTCs).
Establishing the historic and/or architectural
significance of a building is the first step in an HTC
project. To qualify for HTCs, a building must be
considered a “certified historic structure,” listed
in the National Register of Historic Places. If the
building is not a certified historic structure at the
start of the development, then listing the building
in the National Register of Historic Places must be
accomplished and, normally, individual designation
is the typical path. Read Full Article Here