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Samples in periodicals archive:
listed on the National Register of Historical Places would enable the developer to access federal and state historic tax credits for financing the project.
It was declared a national historic site and added to the National Register of Historic Places in 1980, and is eligible for federal historic tax credits covering 20% of eligible renovation costs.
The IRS victory follows earlier success in Virginia Historic Tax Credit Fund, 639 F.
Wells Fargo said that it has provided the borrower, MM Property, with equity investments in Low-Income Housing Tax Credits (LIHTCs) and Federal Historic Tax Credits (FHTCs), Letters of Credit for tax-exempt bonds issued by the District of Columbia Housing Finance Agency, and a Freddie Mac Forward Commitment for the credit enhancement of long-term tax-exempt and market bonds.
6 million in historic tax credit equity — including $5.
The New York State budget passed August 3, 2010 included provisions requiring the deferral of historic tax credits exceeding $2 million.
Herron is also a consultant to various development teams for projects implementing historic tax credits to help finance the renovation of historic structures for new uses.
Funding came from Regions Bank, a Federal Home Loan Bank EDGE loan, Dekalb County CDBG funds, Historic Tax Credits, a Housing and Urban Development 811 grant, and owners' equity.