1 / 7

Working with the National Park Service and States

Historic Tax Credit Developer’s Conference February 7 & 8 Don CeSar Beach Resort, St. Pete Beach, Fl. Working with the National Park Service and States. Certification Process. 3 Part Application Process Part 1 - Historic Status Part 2 - Design Approval Part 3 - Project Completion

rafer
Download Presentation

Working with the National Park Service and States

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Historic Tax CreditDeveloper’s ConferenceFebruary 7 & 8Don CeSar Beach Resort, St. Pete Beach, Fl Working with the National Park Service and States

  2. Certification Process • 3 Part Application Process • Part 1 - Historic Status • Part 2 - Design Approval • Part 3 - Project Completion • State and National Park Service Review • 60-Day Minimum Review – More Likely 90-120 Days • Approx 30% Design Development Drawings Necessary for Submission • Secretary of Interior’s Standards for Rehabilitation

  3. NPS Design “Hot Buttons” • Window Replacements • Interior Floor Plan Changes • New Additions • Functionally Related Complexes

  4. Response to Issues • Tax Act Review Reform Policy Paper (June 2003) • Issued by the National Conference of State Historic Preservation Officers (NCSHPO) • Recommended reforms to the Tax Act Review process • Recommendations for Improving Administration of the Certified Historic Rehabilitation Tax Credit Program (December 2003) • Issued by the Historic Preservation Development Council (HPDC) • Recommended changes that would make the program more sensitive to the realities of the real estate development process

  5. Response to Issues • Tax Act Review Reform Policy Paper (June 2003) • Issued by the National Conference of State Historic Preservation Officers (NCSHPO) • Recommended reforms to the Tax Act Review process • Recommendations for Improving Administration of the Certified Historic Rehabilitation Tax Credit Program (December 2003) • Issued by the Historic Preservation Development Council (HPDC) • Recommended changes that would make the program more sensitive to the realities of the real estate development process

  6. NPS Response • Recommendations for Improving Administration of the Certified Historic Rehabilitation Tax Credit Program (August 2004) • NPS agreed to undertake a number of changes including establishing a committee of the National Park System Advisory Board made up of parties interested in the in how the Secretary’s Rehabilitation Standards are interpreted. • Committee was formed in 2005 and listened to presentations by SHPOs, the IRS, developers and preservation professionals. • Federal Rehabilitation Tax Credit Program Recommendations for Making a Good Program Better (September 2006)

  7. Albert Rex MacRostie Historic Advisors LLC 56 Highgate Road Marlborough, MA 01752 (617) 359-7261 albert@mac-ha.com www.macrostiehistoric.com

More Related