CDFA - Online Resource Database Search

Federal Tax Incentives for Rehabilitating Historic Buildings

The U.S. Department of the Interior, National Park Services released their Statistical Report and Analysis for FY 2012. The program is the most effective Federal program to promote both urban and rural revitalization to promote private investment in...

Investment Tools - Historic Tax Credits Login

Federal Federal Historic Rehab Tax Credits Tax Credits Understanding Tax Credits U.S. Dept. of Interior - National Park Services (NPS)

Bill MacRostie with MacRostie Historic Advisors LLC discussed the highly successful historic tax credit program and how to effectively apply this program to development opportunities.

Historic Redevelopment Case Study: Buckingham Village Login

Community Development Federal State Finance Program Tax Credits U.S. Dept. of Housing & Urban Affairs (HUD)(more)

Telesis Corporation and NHT/Enterprise share details from their historic redevelopment project of Buckingham Village in Virginia.

PA: New Historic Preservation Tax Credit Login

Federal Federal Historic Rehab Tax Credits State Finance Program Tax Credits U.S. Dept. of Interior - National Park Services (NPS)(more)

Scott Doyle, Mindy Crawford, and Ed Geiger provide an overview of Pennsylvania's New Historic Preservation Incentive Tax Credit, aimed at complimenting an already extremely successful federal program.

Tax Credits in Combination with Other Tools

Chuck Depew, Director of the National Development Council, gives an encompassing presentation on using tax credits in combination with other financing tools to catalyze development.

New Market Tax Credits: Diverse Uses Login

Laura Vowell of U.S. Bancorp CDC and Colin Rowan of United Fund Advisors share insight to how diverse NMTCs can be.

MHA Historic Preservation Tax Incentive Program Login

Federal Federal Historic Rehab Tax Credits Tax Credits Understanding Tax Credits U.S. Dept. of Interior - National Park Services (NPS)

Albert Rex with MacRostie Historic Advisors provides a comprehensive guide to understanding the Historic Preservation Tax Incentive Program.

West District & Capitol Park Case Study Login

This presentation by Brian Holdwick of the Detroit Economic Growth Corporation walks through a complex redevelopment project from start to finish.

Nuts and Bolts of NMTCs and HTCs: Should Bond Lawyers Care?

Bond Finance Federal Tax Credits U.S. Dept. of Interior - National Park Services (NPS)U.S. Dept. of Treasury CDFI Fund (more)

This presentation covers financing structures for NMTC or HTC and tax-exempt bond projects. The authors are Mary Nash Rusher of Hunton & Williams, Peter Duffley of Womble Carlyle Sandridge & Rice, Dick Helde of Dorsey & Whitney, Marshall Philiips of...

Cutting-Edge Layered Tax Credit Financed Projects

Federal State Finance Program Tax Credits U.S. Dept. of Interior - National Park Services (NPS)U.S. Dept. of Treasury CDFI Fund (more)

Alan Kennard, Locke Lord, Laura Vowell, U.S. Bancorp CDC, and Jerome Breed, Bryan Cave, present this discussion of tax credit programs and case studies.

Annual Report on the Economic Impact of the Federal Historic Tax Credit Login

Economic Development Economic Impact Federal Tax Credits U.S. Dept. of Interior - National Park Services (NPS)(more)

This third annual report published by the Historic Tax Credit Coalition discusses the program's $99.2B cumulative economic impact and includes detailed project case studies.

Federal Tax Incentives for Rehabilitating Historic Buildings: Statistical Report and Analysis for FY 2011 Login

Federal Federal Historic Rehab Tax Credits State Finance Program Tax Credits U.S. Dept. of Interior - National Park Services (NPS)(more)

This report from the U.S. Dept. of the Interior provides a thorough review of the performance of federal historic tax incentives, including project activity, case studies, and state programs.

Municipal Finance Development Tools After the Great Recession Login

Development Planning & Financing Group, Inc. produced this report featuring a variety of development finance project case studies for the National Association of Home Builders.

Federal Tax Credit Finance Login

Federal Federal Historic Rehab Tax Credits Tax Credits U.S. Dept. of Interior - National Park Services (NPS)U.S. Dept. of Treasury CDFI Fund (more)

Colin Rowan of United Fund Advisors discusses three federal tax credit programs and provides two project case studies in this presentation.

Tax Credit Investment Tools Login

Energy Finance Federal Tax Credits U.S. Dept. of Housing & Urban Affairs (HUD)U.S. Dept. of Interior - National Park Services (NPS)(more)

An overview of the key considerations for federal tax credit programs is provided in the presentation by Michael Buker of Ice Miller LLP.

EB-5: A Source of Equity for Historic Rehab Login

Access to Capital EB-5 Visa Federal Tax Credits U.S. Citizenship and Immigration Services (USCIS)(more)

Novogradac & Co. provides this case study of how EB-5 investment capital was pooled with the Historic Tax Credit to finance the renovation of the Alaska Building in Seattle, Washington.

NMTCs, HTCs, RETCs Login

Energy Finance Federal Tax Credits U.S. Dept. of Interior - National Park Services (NPS)U.S. Dept. of Treasury CDFI Fund (more)

Radhika Reddy of Ariel Ventures made this presentation on federal tax credit program financing structures.

Combining and Leveraging TIF with Other Tools Login

Federal Tax Credits Tax Increment Finance (TIF)U.S. Dept. of Interior - National Park Services (NPS)U.S. Dept. of Treasury CDFI Fund (more)

Laura Radcliff from Stifel Nicolaus & Company give this presentation about the Grand Center Mid-Town Arts and Education District in St. Louis, Missouri. Discussion includes information about how New Markets Tax Credits were combined with TIF to...

Tax Credit Finance Reference Guide

Written in conjunction with Ice Miller LLP, the Tax Credit Finance Reference Guide examines how to effectively apply tax credits to development opportunities, and explains the basics of tax credits and the fundamentals of using these tools. In...

Historic Tax Credit Program Fact Sheet Login

Federal Federal Historic Rehab Tax Credits Tax Credits U.S. Dept. of Interior - National Park Services (NPS)

The federal historic tax credit program is reviewed in this fact sheet from the Office of the Comptroller of the Currency. The sheet describes the program and the benefits of the credits for banks.

Historic Tax Credits Login

Federal Historic Rehab Tax Credits Tax Credit Case Studies Tax Credits Understanding Tax Credits U.S. Dept. of Interior - National Park Services (NPS)

Bill MacRostie from MacRostie Historic Advisors LLC gives this presentation with a general introduction to historic tax credits. He review the basic rules for using the credit as well as gives some case study examples.

Federal Financing Reference Guide

Access to Capital Export Import Bank of the United States (Ex-Im Bank)Federal Internal Revenue Service (IRS)National Science Foundation (NSF)(more)

The Council of Development Finance Agencies released the Federal Financing Reference Guide with generous sponsorship support from Stifel Nicolaus and additional support from Business Oregon and the City of Minneapolis. The Federal Financing...

A Guide to Federal Tax Incentives for Brownfields Redevelopment

Brownfield Financing Federal State Finance Program Tax Credits U.S. Dept. of Interior - National Park Services (NPS)(more)

This publication of the EPA provides a thorough review of financing programs that can facilitate brownfields redevelopment. The guide focuses on federal tax incentives, but also includes discussion of state-level financing options.

Case Study: The Reserve at 4th and Race Login

Access to Capital Federal State Finance Program Tax Abatements Tax Credits (more)

This case study from Lancaster Pollard presents a multi-family building financing project that combined state and federal historic tax credits, FHA mortgage insurance, and a state asbestos abatement grant. The document provides information on the...

2011 Report on the Economic Impact of the Federal Historic Tax Credit

Economic Development Economic Impact Federal Tax Credits U.S. Dept. of Interior - National Park Services (NPS)(more)

This report from a team of Rutgers University researchers examines the economic impact of the federal historic tax credit (HTC). Much of the attention in the report is devoted to the amount of money spent on, and because of, HTCs. Five detailed case...

Henry Ford Power House Charter High School Login

Access to Capital Federal Tax Credits U.S. Dept. of Interior - National Park Services (NPS)U.S. Dept. of Treasury CDFI Fund (more)

Albert Rex presented this case study of the Henry Ford Power House Charter High School, a project that combined both New Markets Tax Credits and Historic Tax Credits.

Federal Historic Tax Credits: Annual Report 2010

Federal Federal Historic Rehab Tax Credits Tax Credit Case Studies Tax Credits U.S. Dept. of Interior - National Park Services (NPS)

This annual report on the Historic Preservation Tax Incentives program was produced by the National Park Service. The report presents the number of jobs and dollars produced by the incentives and discusses the relationship between federal and state...

Brownfields 2011: TIF, Tax Credits & Creative Financing Login

Brownfield Financing Energy Finance Federal Green Finance Tax Credits (more)

Toby Rittner, CDFA President & CEO, gave this presentation on creative financing at the Brownfields 2011 conference. This document provides an overview of TIF and federal tax credit programs, which are financing tools that can be successfully...

Maximizing TIF by Combining Tools Login

Bond Finance Federal Tax Credits Tax Increment Finance (TIF)Urban Development (more)

Lew Bowers from the Portland Development Commission gives this presentation about two catalytic TIF projects in the city of Portland. He first looks at the redevelopment and reuse of the Meier-Frank building in downtown Portland and then discuss...

Cleveland - Midwest Tax Credit Powerhouse Login

Federal Local Finance Program Tax Credits U.S. Dept. of Housing & Urban Affairs (HUD)U.S. Dept. of Interior - National Park Services (NPS)(more)

Written by John Leith-Tetrault for the March 2011 issue of the Novogradac Journal of Tax Credits, this article reviews Cleveland's historic success with tax credits. Leith-Tetrault starts with Reagan's cuts to HUD and follows the growth of...

Ohio Department of Development Historic Tax Credits Login

Federal State Finance Program Tax Credits U.S. Dept. of Interior - National Park Services (NPS)U.S. Dept. of Treasury CDFI Fund (more)

Mark Lundine from the Ohio Department of Development discusses how Ohio, specifically, has used historic tax credits. In this presentation you will find real examples of building that have been renovated with the help of historic tax credits...

New Markets Tax Credit Financing Login

Access to Capital Bond Finance Federal Tax Credits U.S. Dept. of Agriculture (USDA)(more)

Alan Kennard from Wildman Harrold, a law firm out of Chicago explains new markets tax credit financing. In his presentation he covers the basics of transaction participants and benefits, as well as leverage lending. He provides sample structures for...

HUD Prohibition of the Escrowing of Tax Credit Equity; Final Rule Login

Federal Tax Credits U.S. Dept. of Housing & Urban Affairs (HUD)U.S. Dept. of Interior - National Park Services (NPS)U.S. Dept. of Treasury CDFI Fund (more)

This final rule, in accordance with a provision in the Housing and Economic Recovery Act of 2008, bars HUD from requiring the escrowing of equity from the sales of low-income housing tax credits (LIHTCs), historic tax credits (HTCs) and new markets...

Charlie's Tip for the Long "Brown" Summer: Federal Investment and Economic Development Tax Incentives for Brownfields Financing Login

Brownfield Financing Energy Finance Federal Green Finance Tax Credits (more)

Charlie Bartsch with ICF International looks at creative ways to finance brownfields redevelopment under tighter credit markets. The report looks at financing vehicles such as historic rehabilitation tax credits, new markets tax credits, energy...

Preservation Tax Incentives for Historic Buildings

Federal Federal Historic Rehab Tax Credits Tax Credits U.S. Dept. of Interior - National Park Services (NPS)

The U.S. Department of the Interior's National Park Service produced this guide to highlight the Federal Historic Preservation Tax Incentives program. The booklet explains the incentives, defines tax credits and highlights various programs offered...

National Trust Community Investment Corporation: Historic Tax Credits Login

Federal Federal Historic Rehab Tax Credits Tax Credits U.S. Dept. of Interior - National Park Services (NPS)U.S. Dept. of Treasury CDFI Fund (more)

Corinne Ingrassia, of the National Trust Community Investment Corporation, talks about both Historical and New Market Tax Credit programs and how they can be combined together to receive a larger return on investment at the CDFA Annual Summit.

Elder Street Artists Lofts, Houston Texas Tax Credit Case Study - Rick Slagle, Apollo Equity Partners (Nov 2006) Login

Federal Federal Historic Rehab Tax Credits Tax Credits U.S. Dept. of Housing & Urban Affairs (HUD)U.S. Dept. of Interior - National Park Services (NPS)(more)

The Elder Street Artists Lofts in Houston, Texas is prime example of how a developer has used tax credits in an innovative manner to redevelop an old hospital into useable and high demand artist studio and live/work space.

Tax Credits At Work - East Baltimore Development, Inc. - Jack Shannon (Nov 2006) Login

Federal Tax Credits U.S. Dept. of Housing & Urban Affairs (HUD)U.S. Dept. of Interior - National Park Services (NPS)U.S. Dept. of Treasury CDFI Fund (more)

Cities across the country are implementing tax credit programs which impact local economic development and make a real difference. The City of Baltimore has put various credits to the test on a daily basis to create growth and opportunity and to...

Historic Tax Credits Overview - Bill MacRostie (Jan 2008) Login

Federal Federal Historic Rehab Tax Credits Tax Credits U.S. Dept. of Interior - National Park Services (NPS)

Rehabilitation tax credits were established to discourage unnecessary demolition of older buildings and to slow capital flight from older urban areas. This incentive offers a credit against total federal taxes owed, which is taken for the year in...

Federal Historic Rehab Tax Credit Login

Federal Federal Historic Rehab Tax Credits Tax Credits U.S. Dept. of Interior - National Park Services (NPS)

Presentation by William G. MacRostie from MacRostie Historic Advisors LLC on the federal historic rehab tax credit program with case studies and best practice examples. This is a large file and may take a few minutes to open and/or download.

Historic Preservation Tax Credit Case Study - Downcity Providence Login

Federal Federal Historic Rehab Tax Credits Tax Credits U.S. Dept. of Interior - National Park Services (NPS)

The recent revitalization of a number of buildings in Downcity Providence was not financially feasible until the adoption of the Historic Preservation Investment Tax Credit program. Since the program’s inception, approximately $54 million has been...

The Economics of Historic Preservation - Brookings Institution Login

Economic Development Economic Impact Federal Tax Credits U.S. Dept. of Interior - National Park Services (NPS)(more)

The methods of determining the value of historic preservation vary widely, and several challenges persist in applying economic methods to the field. This discussion paper, which is followed with an extensive and annotated bibliography, reviews the...

CDFA Spotlight: Federal Historic Preservation Tax Incentives Program

CDFA Original Research Federal Federal Historic Rehab Tax Credits Tax Credits U.S. Dept. of Interior - National Park Services (NPS)

CDFA Fact Sheet providing information on the Federal Historic Preservation Tax Incentives Program, the nations most powerful historic rehab and preservation assistance program.