The Federal Historic Rehabilitation Tax credit program is offered by the National Park Service and the Internal Revenue Service along with the State Historic Preservation Offices.

So far this program has been a very successful and cost-effective community program. It creates jobs and affordable housing in historic buildings. The main goal is to transform these buildings into buildings that can provide additional housing at a low price for renters.


There are four different credits available depending on the building type:

Barns
Main Street Commercial Buildings
Rowhouses
Wood Frame Houses

Read more at: http://hubpages.com/hub/Federal-Historic-Rehabilitation-Tax-Credit