The Benefits of Historic Tax Credits

"Every $1 of historic tax credits leverages a minimum of $4 of private investment. This is the epitome of cost-effective use of taxpayer dollars because $200,000 in historic tax credits spurs $800,000 in private dollars, creating $1 million in investment. For every $1 million in historic property investment, 16 jobs are created and $2.1 million in economic activity is catalyzed"

Below is an article discussing the benefits of Historic Tax Credits and numerous projects that are positively impacting communities across the nation.

http://www.preservationnation.org/take-action/advocacy-center/policy-resources/Catalytic-Study-Final-Version-June-2014.pdf