This article reviews different incentives provided in the USA and makes comparisons to incentives offered in Belgium, Denmark, France, Germany, Ireland, The Netherlands and the United Kingdom. Together with outputs 1& 2, this article was cited in House of Commons: ODPM: Housing, Planning, Local Government and the Regions Committee, Eleventh Report of Session 2003-4 (Volume I) into “The Role of Historic buildings in Urban Regeneration” (HC 47-I, EV29 published on 29 July 2004)

Pickard, Rob

Pickerill, Tracey

English

Northumbria University Research Portal

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Real estate tax credits and other incentives for investing in historic property in the United States

This paper examines the legislative and administrative background for designating historic property for protection in the United States (US) and their rehabilitation against a whole series of financial inducements and mechanisms. The preservation of heritage buildings in the US forms an integral part of the property market. Market forces and government regulations in the form of preservation law, standards for rehabilitation and the revenue code dictate the success or failure of renovating historic buildings. At all levels of governments (federal, state and local) there has been a growing reluctance in recent years to increase regulatory burdens and fiscal constraints on private citizens. A number of incentives including tax credits, abatements and freezes, direct grant aid, debt financing support, revolving funds, revenue raising bond schemes and various other programmes are examined. The economic benefits associated with such incentives have been scrutinised from the evidence of a number of studies

Pickard, Robert

Pickerill, Tracy

Arrow@TUDublin

Real Estate Tax Credits and other Financial Incentives for Investing in Historic Property in the United States

Irish Universities

https://arrow.tudublin.ie/cgi/viewcontent.cgi?article=1013&amp;context=beschrecart

Real estate tax credits and other incentives for investing in historic property in the United States

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