Check this page often for the most recent announcements of new publications, education and training opportunities, and tax credit statistics in addition to other TPS news.
—Washington, DC—The Federal Historic Tax Credit Program Annual and Statistical Reports for Fiscal Year 2014, highlighting 1,156 proposed rehabilitation projects and $5.98 billion in rehabilitation work are now available..
—New Orleans, LA—Technical Preservation Services staff will participate in the Windows: Old and New, Historic and Traditional conference on May 7-8, in New Orleans.
Windows are the eyes of a building, the architectural features that help define the style and importance of historic and new buildings alike. Windows perform critically important functions: daylighting, ventilation, comfort and protection. Their preservation or replacement in historic buildings excites more debate amongst practitioners than almost any other restoration treatment. This conference brings together leading experts and practitioners from manufacturing, building trades and government to offer practical advice on “what to do about the windows?”
—Washington, DC—Technical Preservation Services, National Park Service, announces a revised Historic Preservation Certification Application, new PDF application forms, and the full implementation of the Pay.gov fee payment system.
The primary change in the application is that applicants must now state whether or not they are the fee-simple owner of the property discussed in the application. If not the fee-simple owner, the applicant must attach a written statement from the owner stating that the owner is aware of the application and has no objection to it. The application also requests email addresses for the applicant and project contact, which will be used in electronic invoicing and payment.
The National Park Service has developed more fully functional, electronic fillable and savable PDF forms to go with the revised application.
Applications on previous versions of the forms will not be accepted in State Historic Preservation Offices after May 15, 2014. The cover sheet of each section must be the NPS-provided form and must bear the applicant’s original signature. Applicants and consultants who have developed their own versions of the narrative pages may continue to use their versions.
As of May 16, 2014, all fees for review of applications will be paid through Pay.gov, the US Department of the Treasury’s electronic payment system.
Upon receipt of a Part 2 or Part 3 application, NPS will generate an invoice. Where email addresses are provided, the invoice will be sent electronically. Invoices for applications without email addresses will be mailed via the United States Postal Service. These are the only delivery systems that will be used; invoices will not be faxed. Applicants will pay the fee through Pay.gov. Please note that the email addresses will be used only for billing; all certification decisions will still be delivered in hard copy via USPS.
—Washington, DC—The Federal Historic Tax Credit program Annual and Statistical Reports are online. 803 completed rehabilitation projects, representing $3.39 billion in private investment, were certified in FY13.
of Historic Tax Credits Released
—New Brunswick, NJ—As part of a cooperative agreement with the National Park Service (NPS), the Rutgers University Center for Urban Policy Research undertook a study of the economic impacts of the Federal Historic Tax Credit for fiscal year 2012 (which ended on September 30, 2012) as well as the cumulative impacts of the program since 1978. In brief, the economic impact of the program in FY 2012 on a national scale included the creation of approximately 58,000 jobs and $3.4 billion in gross domestic product (GDP). State level impacts are also reported. For your convenience both the full report and an executive summary of the findings may be downloaded. Additional reports about the program are also available.
—Washington, DC—Beginning in July 2013 Technical Preservation Services will host a series of free educational webinars. Events are expected to occur monthly. Topics will include the historic tax credit program, the Secretary's Standards for the Treatment of Historic Properties, technical preservation issues, and other related subjects. Specific information about upcoming webinars will be posted on the TPS website including information about how to register for events.
Program Supports Historic Preservation and Community Revitalization—Tax Incentive Projects Created 57,800 Jobs and $3.5 Billion Economic Benefit in Fiscal Year 2012, 2.4 Million Jobs and $66 Billion in Private Investment Since Program’s Inception
—Washington, DC—The highly successful Federal Historic Preservation Tax Incentives Program is an important economic engine for states and local communities, creating an estimated 57,800 jobs and pumping $3.5 billion in local economies in Fiscal Year (FY) 2012 while preserving our nation’s historic buildings. FY 2012 marked the 35th anniversary of the first project to be certified under the program in 1977, and, since its inception, the program has created an estimated 2.4 million jobs and generated over $66 billion in private investment in historic rehabilitation.
The National Park Service has released a report marking the 35th anniversary of the program and highlighting the program’s accomplishments and economic benefits. The report features examples of the many projects, in communities both large and small throughout the country that have benefited from the program.
“The Federal Historic Preservation Tax Incentive Program strengthens communities, creates jobs, and is the nation’s most effective program to promote historic preservation and community revitalization through historic rehabilitation,” said National Park Service Director Jonathan B. Jarvis. “We are not only giving these buildings a new life in a manner that maintains their historic character, but also providing an important boost to local economies.”
Since its inception in 1976, the program has generated over $66 billion in private investment in historic rehabilitation. It has led to the rehabilitation or creation of 460,000 housing units, including 124,000 low-to moderate-income units. These projects have created more than 2.35 million jobs, employment that tends to be local, and more high skilled and higher paying than new construction. About two-thirds of projects are located in neighborhoods at or below 80% of area median family income.
—Washington, DC—Secretary of the Interior Ken Salazar announced on March 21, 2013, the results of a National Park Service review on promoting the use of the Federal Historic Preservation Tax Incentives Program in urban and economically depressed areas. The announcement, which includes a link to the full report and recommendations, can be found on the DOI website.