Federal Preservation Tax Incentives

Federal Preservation Tax Incentives are programs aimed at encouraging the restoration and preservation of historic buildings in the United States. They provide tax credits to property owners who rehabilitate certified historic structures. This helps reduce renovation costs and promotes the conservation of cultural heritage. To qualify, the work must meet specific standards and be approved by the National Park Service. By investing in these properties, owners not only receive financial benefits but also contribute to the historical and aesthetic value of their communities.