Have you ever wondered how people tackle a historic building rehabilitation project? Did you know these projects are sometimes eligible for tax credit incentives that can provide financial rewards beyond those received upon a completed project, including community pride, jobs, and often businesses or renewed residential uses?
We know, these projects and historic preservation can seem daunting and confusing. Thus, Leverage NC has partnered with the professional team at the NC Department of Natural & Cultural Resources’ State Historic Preservation Office to create How-To videos to help guide you through their wealth of resources and get you prepared for that next historic rehabilitation project.
In this presentation, Restoration Specialist Brett Sturm outlines the income-producing and non-income-producing rehabilitation tax incentive programs available to owners of eligible historic properties. Brett discusses program eligibility, the application and review process, and illustrates examples of how transformative these programs have been in spurring history-conscious economic
development in towns and cities of all sizes across the state over the past four decades.