Incentives
A GUIDE TO THE FEDERAL HISTORIC PRESERVATION TAX INCENTIVES PROGRAM FOR INCOME-PRODUCING PROPERTIES
Program Essentials Application Basics The Review Process Meeting the Standards for Rehabilitation Avoiding Incompatible Work

Managing the application process

 

Does the application have to be prepared by a preservation professional or can it be completed by someone new to the process?

Answer
If the work project is not too large or too complicated, the owner can often complete the application process and oversee the project without having to hire a consultant. The staff of the State Historic Preservation Office (SHPO) can guide an owner through the application process. However, for many projects, and especially for large projects, having a preservation professional familiar with the 20% tax credit program to coordinate the application can make a tremendous difference in the quality of a project and the ease of the review process. Depending on the scope of the rehabilitation project, it may be advisable to assemble a team of professionals, which may include an architect, engineer, historic preservation consultant, attorney, accountant, or craftsman, in addition to the building contractor.

Application Basics: Complete HPCA requirements

Deteriorated 20th century wood shingles are being removed to reveal the original, historic wood siding on this house in Portland, Maine, during its rehabilitation for continuing rental use. Photo: © John Leeke

Deteriorated 20th century wood shingles are being removed to reveal the original, historic wood siding on this house in Portland, Maine, during its rehabilitation for continuing rental use. Photo: © John Leeke

National Park Service