Historic Tax Credits

HTC slide

Today, the federal historic tax credit (HTC) is at risk as never before. A tax reform discussion draft released by House Ways & Means Chairman Dave Camp (R-Mich.) contained language to repeal the credit. This is an unprecedented threat to the government’s most significant investment in preserving our historic buildings and we need your help to save it. 

The National Trust, in collaboration with the Historic Tax Credit Coalition, has launched in a multi-year initiative to preserve and enhance the federal historic tax credit. The centerpiece of this campaign is the Creating American Prosperity through Preservation (CAPP) Act, bipartisan legislation that would increase the HTC's ability to revitalize smaller Main Street projects and enable energy-efficient projects.

New research commissioned by the National Trust proves for the first time that the economic benefits of historic rehab go far beyond one building. Historic tax credit projects spur an increase in property values, draw new businsses, attract new residents and enlarge the tax base. Projects in Maryland, Georgia and Utah are profiled. Download The Federal Historic Tax Credit: Transforming Communities report.

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Fast Facts about the Historic Tax Credit

Over the life of the program, the historic rehabilitation tax credit (HTC) has:

    • created more than 2.4 million good paying, local jobs;
    • leveraged nearly $109 billion in private investment in our communities;
    • generated a significant return on investment for the federal government;
    • and preserved nearly 40,000 buildings that form the historic fabric of our nation.

Advocacy Tools

These resources demonstrate how the HTC is a proven job creating, community revitalizing investment throughout the nation. Use them to help educate your elected officials at home and in Washington.