Novogradac & Company Llp

March 21, 2023: Finding Financing Sources for Historic Rehabilitation, Beyond HTCs

Informações:

Synopsis

Developers of historic buildings know that preserving the architectural integrity and historic character of a property adds significant additional development costs, which in turn, creates or expands a financing gap. Michael Novogradac, CPA, and Novogradac partner Warren Sebra, CPA, discuss additional financing sources for historic preservation, beyond the federal historic tax credit. They discuss the low-income housing tax credit, state historic tax credits, the new markets tax credit, the solar tax credit and Section 45L credit, and opportunity zones.