Historic investment tax credits
The federal government offers a 20-percent historic tax credit for certified rehabilitations. Many states offer historic tax credits as well. To receive the credits, properties must be listed in the National Register of Historic Places. The rehabilitation work must meet the Secretary of the Interior’s Standards for Rehabilitation—while also making economic sense for the developer.
Hess Roise has worked on many tax credit projects, large and small, involving millions of dollars of tax credits. We advise developers, architects, engineers, and contractors throughout the development process to ensure that projects get certified. With a background in commercial real estate, Charlene understands the complexity and constraints of commercial real estate deals.