Reports: NPS Approved $6.63 Billion in Proposed HTC Investment in FY 2015

Monday, February 29, 2016 - 3:45PM

The National Park Service (NPS) on Saturday released its Federal Tax Incentives for Rehabilitating Historic Buildings Annual Report for Fiscal Year 2015 and a supplementary Statistical Report and Analysis for Fiscal Year 2015. According to the reports, NPS approved 1,283 proposed projects worth $6.63 billion in rehabilitation work in fiscal year (FY) 2015. Completed HTC projects certified in FY 2015 created an estimated 85,058 jobs, and 48 percent of completed projects certified in FY 2015 used both federal and state historic tax credits.

Tune in to the March 8 Tax Credit Tuesday podcast to hear more about the reports’ findings.

Learn more about Novogradac's expertise and many services