Get the free Historic Preservation Certification Application

This document is intended for applying for certifications required for Federal historic preservation tax incentives, which support the rehabilitation of historic buildings, encourage their preservation,

How to fill out historic preservation certification application

How to fill out Historic Preservation Certification Application

1. Obtain the Historic Preservation Certification Application form from the appropriate state or federal agency.
2. Gather necessary documentation, including photographs, site plans, and descriptions of the property.
3. Complete Part 1 of the application to establish the property's historic significance.
4. Fill out Part 2 of the application, detailing the proposed work to be done and how it will comply with preservation standards.
5. Include a time frame and budget estimation for the project in Part 2.
6. Review the entire application for completeness and accuracy.
7. Submit the application and all required documentation to the appropriate agency.
8. Wait for a decision on the application and respond promptly to any requests for additional information.

Who needs Historic Preservation Certification Application?

1. Property owners seeking tax benefits for the rehabilitation of historic buildings.
2. Developers involved in projects that include historic properties.
3. Organizations involved in the preservation and restoration of historic sites.
4. Anyone planning to make significant alterations to a historic property that may affect its eligibility for historic designation.

People Also Ask about

How is the historic tax credit calculated?

The amount of the rehabilitation credit is determined in the taxable year the building is placed in service. The amount of the credit is equal to 20 percent of the “qualified rehabilitation expenditures” with respect to a “qualified rehabilitated building.”

Which of the following would make a building ineligible for the 20% historic preservation tax credit?

Owner-occupied residential properties do not qualify for the federal rehabilitation tax credit. The 20% credit is available only to properties rehabilitated for income-producing purposes, including commercial, industrial, agricultural, rental residential or apartment use.

Which of the following would make a building ineligible for the 20% historic preservation tax credit?

Owner-occupied residential properties do not qualify for the federal rehabilitation tax credit. The 20% credit is available only to properties rehabilitated for income-producing purposes, including commercial, industrial, agricultural, rental residential or apartment use.

What is the adjusted basis for the historic tax credit?

For the purposes of the substantial rehabilitation test, the adjusted basis of a building typically equals the cost of the property, less property cost attributable to land (consult with your accountant to determine this number), plus previously made capital improvements, less depreciation.

What property is eligible for investment tax credit?

Eligible Recipients: Solar, geothermal, small wind, fuel cell, microturbine, energy storage, waste energy recovery, biogas, microgrid controllers, electrochromic glass and combined heat and power properties.

What is the National Register Criteria Consideration B?

Criterion "B" of the National Register Criteria for Evaluation states that prop erties may be eligible for listing in the National Register of Historic Places if they "are associated with the lives of persons significant in our past." Persons significant in our past are those whose activities have been important to the

What is the period of significance in the National Park Service?

Period of significance: The period of (national) significance is the period when the historic events associated with a proposed National Historic Landmark occurred. This period must reflect the dates associated with the property being nominated.

What is the eligible basis for the historic tax credit?

To qualify for the 20 percent credit, a building must be a certified historic structure (buildings individually listed on the National Register of Historic Places or listed as a contributing building in a National Register or state or local historic district certified by the Secretary of the Interior.

How do federal historic tax credits work?

The federal Historic Preservation Tax Incentives encourage the rehabilitation of historic buildings in the private sector. This program provides historic commercial or income-producing property owners a 20% federal tax credit on Qualified Rehabilitation Expenses (QREs).

What is the Part 1 evaluation of significance?

PART 1 - EVALUATION OF SIGNIFICANCE to request a preliminary determination that a building outside the period or area of significance of a registered historic district contributes to the significance of the district.

For pdfFiller’s FAQs

What is Historic Preservation Certification Application?

The Historic Preservation Certification Application is a form used to apply for federal and state tax incentives for the rehabilitation of historic properties.

Who is required to file Historic Preservation Certification Application?

Property owners or developers intending to rehabilitate a certified historic structure or a structure in a historic district are required to file the Historic Preservation Certification Application.

How to fill out Historic Preservation Certification Application?

To fill out the Historic Preservation Certification Application, one must provide detailed information about the property, including its historical significance, descriptions of the proposed work, and compliance with the Secretary of the Interior's Standards for Rehabilitation.

What is the purpose of Historic Preservation Certification Application?

The purpose of the Historic Preservation Certification Application is to determine if the proposed rehabilitation project meets the necessary criteria for tax incentives and to ensure that the project preserves the historic character of the property.

What information must be reported on Historic Preservation Certification Application?

The information that must be reported includes the property's location, historical significance, a project description, plans, photographs of the current condition, and compliance with preservation standards.