R. J. Reynolds Factory Converted into Wake Forest Biotech Place - Winston Salem, NC
The former R. J. Reynolds Tobacco Factory No. 91 produced 242,000 square feet of laboratory, meeting, office, and retail space as envisioned by the Wake Forest Innovation Quarter project administered by Wake Forest University… Read More »
Minneapolis-based developer Dominium transformed the long-vacant Schmidt Brewery complex in St. Paul into 507 units of artist live/work and loft apartments. The historic Schmidt Brew House and Bottle House comprised more than 400,000 square feet of space… Read More »
The Kress at Third & Main - Baton Rouge, LA Read More »
ABOUT THE COALITION
The Historic Tax Credit Coalition (HTCC) is a diverse group of historic tax credit industry stakeholders that recognize the importance of the federal Historic Tax Credit (HTC) and work with Congress and the Executive Branch to improve and expand the use of this important economic development tool. Learn more »
As Congress continues to debate tax reform following the release of the House Republican Tax Reform Blueprint, the need for advocacy to preserve the Historic Tax Credit is imperative. Soon, all eyes will turn to a new president’s tax agenda. “Take Action” to ensure that the Historic Tax Credit remains in the U.S. tax code.
On July 22, 2016 the Internal Revenue Service (IRS) published in the Federal Register a Temporary Regulation dealing with so-called Section 50(d) income generated by the Master Tenant legal structure. The Regulation is called “Income Inclusion When Lessee Treated as Having Acquired Investment Credit Property” and can be found here. The Regulation does three things: 1.)… Read More » Read More »
On July 22, 2016 the IRS published a temporary regulation on 50(d) income.
Statement Media Contact: andy grabel, 202.588.6025, email@example.com National Trust: Tax Reform Should Retain the Federal Historic Tax Credit Statement by Stephanie K. Meeks, president of the National Trust for Historic Preservation and John Leith-Tetrault, Chairman of the Historic Tax Credit Coalition Washington (June 24, 2016) – The Republican tax reform task force in the U.S…. Read More » Read More »
In March 2016, The National Park Service (NPS) released the Federal Historic Tax Credit Program Annual and Statistical Reports for Fiscal Year 2015, highlighting 1,283 proposed rehabilitation projects and $6.63 billion in rehabilitation work. With over 41,250 completed projects since its inception in 1976, the program has generated over $78 billion in the rehabilitation of income-producing historic properties. See… Read More » Read More »
Read more about the FY 2015 reports and the benefits of the HTC…