Making Redevelopment Possible
The Historic Tax Credit (HTC) program is administered by the National Park Service (NPS) and the Internal Revenue Service (IRS) to encourage private sector investment in the rehabilitation and re-use of historic buildings. Whether your property is listed on the National Register of Historic Places or contributes architecturally to a National Register district, Hunt Capital Partners can work to arrange Historic Tax Credits equal to 20 percent of the qualified rehabilitation expenditures.
Since the Historic Tax Credit program was enacted in the Tax Reform Act of 1976, the program has rehabilitated more than 42,000 buildings, attracted more than $84 billion in private funds, and generated 2.41 million jobs.
We’re experienced in capitalizing special needs housing that supports veterans, survivors of domestic violence, the homeless and more.
HCP has been a market leader in partnering with housing authorities to upgrade their housing portfolio under RAD.
The low-income housing tax credit is the most important tool for creating affordable housing in the U.S. today.