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Heritage Ohio
Heritage Ohio

Historic Preservation Tax Credits

TechnologyBusiness
1 of 30
Welcome to Heritage Ohio’s Tax Credit Workshop
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How Tax Credits Work ,[object Object],[object Object]
Why Historic Preservation? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Cleveland
Colonial Marketplace
Colonial Marketplace
Cleveland Arcade
East 4th
Euclid & East 9th
668 Euclid
Cleveland’s Historic Gateway Neighborhood
Cleveland’s Historic Warehouse District
Tax credits were responsible for over almost 1 billion in redevelopment in these two neighborhoods.
Tiffin
Bellevue
Saint Clairsville
 
What are the different types of credits available for real estate projects? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is a tax credit? ,[object Object]
What is the difference between federal and state historic tax credits? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is the difference between a 10% & 20% credit?
How and when do you turn a tax credit into cash for your project?
Who can claim the credit, i.e. who is the investor?
What is recapture and how does it affect a developer?
Can a nonprofit be involved in a historic rehabilitation? ,[object Object],[object Object]
Assuming that the building qualifies, when does it make sense to use tax credits?
Can the HTC be combined with other tax credit programs?
Can you give me an example on how this works for a simple transaction?
What are the advantages and disadvantages of doing a tax credit transaction?

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