State & Federal Historic Tax Credit Incentives

{"version":"0.3.0","atoms":[],"cards":[],"markups":[["strong"]],"sections":[[1,"p",[[0,[],0," AIA Kentucky, Preservation Kentucky and the Kentucky Heritage Council present the webinar \u0022Rehabilitating Historic Buildings with State and Federal Tax Credit Incentives\u0022 on Thursday, January 18th at noon. Make your plans now to join us for this very informative session!"]]],[1,"p",[[0,[0],1,"Webinar Description:"]]],[1,"p",[[0,[],0,"Historic structures are integral to a city\u2019s balanced and diverse\narchitectural fabric. While new construction provides necessary opportunities\nfor growth and architectural expression to reflect the values of today, the historic\nbuilding stock reminds us of our shared heritage, celebrates historic building\nmaterials and methodologies, and reinforces a community\u2019s sense of place with\nbuildings that are recognized by multiple generations. "]]],[1,"p",[[0,[],0,"Despite the merits of historic buildings, it can be challenging to\njustify the additional costs associated with repairing, maintaining, and\nrehabilitating older buildings, which may require specialized tradespeople and\nmaterials. Additionally, there can be challenges in harmonizing historic architecture\nwith modern requirements and life-safety codes. To help offset the design\nchallenges and costs associated with historic properties, the State and Federal\ngovernments offer \u201cRehabilitation Tax Credits,\u201d which provide design-based\nguidance to applicants, supported by financial incentives. These financial\nincentives can offer 20%, 30%, or even 40% of the total rehabilitation costs\nback to the property owner in the form of an income tax credit. "]]],[1,"p",[[0,[],0,"This course will briefly describe the Rehabilitation Tax Credit incentives,\nrequirements, and process, but will more closely focus on common documentation\nand design challenges. Overall, the presentation will offer architects an\nunderstanding of the Rehabilitation Tax Credit program and strategies for successful\nproject applications. "]]]]}