National Park Service 2011 Annual Report Federal Historic Preservation Tax Credit Program

The Federal Historic Preservation Tax Incentives Program, administered by the National Park Service and the Internal Revenue Service in partnership with the State Historic Preservation Offices, is the nation’s most effective program to promote historic preservation and community revitalization through historic rehabilitation. The tax credit program has generated over $62 billion in the rehabilitation of income-producing historic properties since its inception in 1976. With over 38,000 approved projects, the program is the largest federal program specifically supporting historic preservation. It has been instrumental in preserving the historic places that give cities, towns, and rural areas their special character and in attracting new private investment to the historic cores and Main Streets of the nation’s cities and towns. The tax incentives also generate jobs, enhance property values, create affordable housing, and augment revenues for the Federal, state and local governments. This 2011 annual report can be found at the following link:

2011 Annual Report