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.
News
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
After the Part 3: Continuing HTC Obligations
This month’s Novogradac Journal of Tax Credits Tool Box article explores the nuances of addressing tenant fit-out while meeting the NPS’s requirements.
The Latest: July 2023
Developer’s First HTC Project, Newark Apartment Rehab, State HTC Update, Welcome Nika Faulkner
Elizabeth Property Group: Rising Stars in HTCs
Elizabeth Property Group is currently making their way through their first historic rehabilitation project and sharing lessons learned about the HTC process.
Legislative Update: Patrick Robertson and the HTC-GO Act
In continuation of our interviews with Patrick Robertson, we sat down again to discuss the new Congress and the current status of the Historic Tax Credit Growth and Opportunity (HTC-GO) Act.
The Latest: May 2023
In this issue of the Latest: Scattered Site Opportunities, Rehabilitation of a West Philadelphia Icon, How Incentives Can Save Endangered Places, Honoring Preservation Month
Utilizing HTCs on Multiple Historically Unrelated Buildings
Former single-family residences and small apartment buildings can be challenging to rehabilitated with historic tax credits, but some developers have found success grouping smaller-scale buildings into a scattered portfolio.
The Challenges of Opportunity Zones
Opportunity Zones (OZs) were introduced in 2017 in an effort to spur economic development and job creation in low-income communities. In each OZ, no matter if they are in a city or small town, historic buildings present opportunities for developers to find investors looking to move their capital gains into a qualified Opportunity Zone Fund.