In Fiscal Year 2007, the National Park Service approved 1,045 projects that represented a record-breaking $4.34 billion in private investment. Taking into account new construction, which often occurs in conjunction with approved rehabilitations but is not eligible for the credit, the program leverages far greater than 5 to 1 in private to public investment in the preservation and renewal of our communities.

With nearly 35,000 approved projects, the Tax Incentives program attracts private investment to historic cores of cities and Main Street towns across America, generates jobs, enhances property values, creates affordable housing, and augments revenues for Federal, State, and local governments.