HTCC Submits Opportunity Zone comments
December 29, 2018Category: IRS News / Tax Credit NewsThe HTCC submitted a comment letter to Treasury to ensure the HTC works with the new Opportunity Zones. Read More
Senator Cassidy leads effort to save the HTC in the generational tax reform legislation
January 1, 2018Category: Tax Credit NewsWhen the GOP tax plan began to pick up steam, it appeared some of the smaller tax credits, like the federal historic tax credit (HTC), were doomed. In fact, in a speech Speaker Ryan gave early on in the H.R.1 debate, he used the HTC as an exemplary program to be eliminated from the tax… Read More » Read More
House bill repeals the HTC — Ask Your Members of Congress to Reinstate it
November 3, 2017Category: Tax Credit NewsThe House Ways and Means Committee released its tax reform bill this morning and it repeals the HTC, as we expected. This is the first salvo in the tax reform process and we are working, even now, to restore the HTC at every step of the process. The full bill text is here — https://waysandmeansforms.house.gov/uploadedfiles/bill_text.pdf (HTC… Read More » Read More
New video released showing President Reagan’s rationale for creating the HTC; message just as relevant today
October 26, 2017Category: Tax Credit NewsThe NTHP, NTCIC, and HTCC released a video today arguing for the “economic good sense” of the federal historic tax credit and updating the economics of the program to cover its full 30-plus years of success. You can view the video here. Please share this with anyone wondering why we need to save the federal historic… Read More » Read More
Novogradac & Co. Releases Study on Impact of Tax Reform on Federal HTC
May 8, 2017Category: Tax Credit NewsAs the prospect of comprehensive tax reform looms ever nearer, members of the Historic Tax Credit Coalition have questioned how a reduction in corporate tax rates would affect the value of historic tax credits (HTCs). Thanks to an anonymous donation from a member of the Coalition, Novogradac & Company conducted a study that sought to… Read More » Read More
How to Answer the Hard Questions about the HTC on Capitol Hill
May 7, 2017Category: Tax Credit NewsFollowing the 2017 Preservation Advocacy Week, which took place March 14–16, HTCC Chairman John Leith-Tetrault addressed some of the more difficult questions about the future of the federal Historic Tax Credit program postured by Capitol Hill Members and Staff. In an article written for the National Trust for Historic Preservation, John sought to explain the need… Read More » Read More
Lawmakers Introduce the Historic Tax Credit Improvement Act
February 16, 2017Category: Tax Credit NewsOn Thursday, February 16, the House and Senate versions of the Historic Tax Credit Improvement Act of 2017 were introduced. The Historic Tax Credit Improvement Act (H.R.1158/S. 425) makes long overdue changes to the Historic Tax Credit (IRC § 47) to further encourage building reuse and redevelopment in small, midsize, and rural communities. It also… Read More » Read More
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HTCC Submits Opportunity Zone comments
December 29, 2018Category: IRS News / Tax Credit NewsThe HTCC submitted a comment letter to Treasury to ensure the HTC works with the new Opportunity Zones. Read More
Senator Cassidy leads effort to save the HTC in the generational tax reform legislation
January 1, 2018Category: Tax Credit NewsWhen the GOP tax plan began to pick up steam, it appeared some of the smaller tax credits, like the federal historic tax credit (HTC), were doomed. In fact, in a speech Speaker Ryan gave early on in the H.R.1 debate, he used the HTC as an exemplary program to be eliminated from the tax… Read More » Read More
House bill repeals the HTC — Ask Your Members of Congress to Reinstate it
November 3, 2017Category: Tax Credit NewsThe House Ways and Means Committee released its tax reform bill this morning and it repeals the HTC, as we expected. This is the first salvo in the tax reform process and we are working, even now, to restore the HTC at every step of the process. The full bill text is here — https://waysandmeansforms.house.gov/uploadedfiles/bill_text.pdf (HTC… Read More » Read More
New video released showing President Reagan’s rationale for creating the HTC; message just as relevant today
October 26, 2017Category: Tax Credit NewsThe NTHP, NTCIC, and HTCC released a video today arguing for the “economic good sense” of the federal historic tax credit and updating the economics of the program to cover its full 30-plus years of success. You can view the video here. Please share this with anyone wondering why we need to save the federal historic… Read More » Read More
Novogradac & Co. Releases Study on Impact of Tax Reform on Federal HTC
May 8, 2017Category: Tax Credit NewsAs the prospect of comprehensive tax reform looms ever nearer, members of the Historic Tax Credit Coalition have questioned how a reduction in corporate tax rates would affect the value of historic tax credits (HTCs). Thanks to an anonymous donation from a member of the Coalition, Novogradac & Company conducted a study that sought to… Read More » Read More
How to Answer the Hard Questions about the HTC on Capitol Hill
May 7, 2017Category: Tax Credit NewsFollowing the 2017 Preservation Advocacy Week, which took place March 14–16, HTCC Chairman John Leith-Tetrault addressed some of the more difficult questions about the future of the federal Historic Tax Credit program postured by Capitol Hill Members and Staff. In an article written for the National Trust for Historic Preservation, John sought to explain the need… Read More » Read More
Lawmakers Introduce the Historic Tax Credit Improvement Act
February 16, 2017Category: Tax Credit NewsOn Thursday, February 16, the House and Senate versions of the Historic Tax Credit Improvement Act of 2017 were introduced. The Historic Tax Credit Improvement Act (H.R.1158/S. 425) makes long overdue changes to the Historic Tax Credit (IRC § 47) to further encourage building reuse and redevelopment in small, midsize, and rural communities. It also… Read More » Read More