The Sky’s the Limit: Case Studies in the Pitfalls and Potential of State Historic Tax Credits

In this month’s Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, Cindy Hamilton examines the limitations and potential of state historic tax credit (HTC) programs, focusing on Pennsylvania. Using a Wilkes-Barre building rehab as a case study, she illustrates how restrictive project and program caps limit the state HTC’s impact, despite high overall HTC activity.