1) The document analyzes the economic impact of Wisconsin's Historic Tax Credit program, which awards a 20% tax credit for qualified rehabilitation expenditures. 2) It finds that the 25 projects awarded credits since 2014 are estimated to create over 2,800 jobs and generate $417.6 million for Wisconsin's economy in the first year. 3) By year 10 of operations, the projects are estimated to directly pay more than $46 million in tax revenue to Wisconsin, representing a 133% return on the original $34.9 million in credits awarded.