HUD Webcast: Using the 20% Historic Tax Credit for Affordable Housing
May 04, 2017 | 2:00 PM - 3:30 PM EDT
The federal Historic Tax Credit (HTC) has untapped potential to support the rehabilitation of pre-1970 multifamily and public housing properties, as well as production of new units in non-residential historic building conversions. The HTC is equal to 20% of rehabilitation expenditures, and by syndicating the credit to investors, and/or coupling it with state historic credits and the Low Income Housing Tax Credit (LITHC), significant equity can be brought into a project to ensure its success. On May 4, 2017, at 2:00 PM EDT, HUD's Office of Environment and Energy will host an informative webinar to introduce affordable housing developers, property owners, preservation advocates and others to the HTC. It will provide clarity on program requirements, dispel myths about the program, share successful case studies, and answer questions live from HUD Headquarters. Find out what's covered by the credit, what properties are eligible, how to combine the HTC with other incentives, common pitfalls to avoid, and where to look for additional resources. The webinar is being offered in collaboration with the National Park Service which administers the HTC through its Technical Preservation Services office.
Don't miss out on a lost financial opportunity! Register for the webinar. Webinar registrants will receive advance notice when HUD releases new on-line guidance on the HTC and affordable housing this spring. To submit questions in advance of the webinar, please contact Tina Dudley at email@example.com.
U.S. Department of Housing and Urban Development
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