Utilizing Historic Tax Credits (Hawaii State and Federal) for the rehabilitation of historic buildings.

Sections/times:
Historic Tax Credits: Purpose, Need, Objectives and Impacts (8:54)
Federal Historic Rehabilitation Tax Credit (22:00)
Hawai‘i State Tax Historic Credits (53:23)
Case Study: Dearborn Building (1:22:50)
Combining Historic Rehabilitation & Low Income Housing Tax Credits (1:38:28)
Case Study: The Hocking Building (2:01:46)
Tips and Recommendations (2:20:25)
Q&A with panel (2:30:48)

The purpose of this program is to educate historic property owners, developers, financiers, tax and accounting, real estate, architects, land use and planning professionals on the Historic Tax Credit programs available in the State of Hawai‘i and the use of federal historic tax credits to rehabilitate historic buildings. The seminar will explain the basics of the federal and Hawai‘i historic tax credits, why and how developers/owners use them, and how they have been catalytic for community benefits.

Subject matter experts explain the parameters of the federal and state income tax credit programs, including eligible properties, eligible expenses, rehabilitation criteria, application procedures, and claiming the credit. The presentations include case studies to showcase different funding sources and financing strategies to engage in preservation planning and financing of affordable housing and community preservation projects.

The seminar was created by Historic Hawai‘i Foundation, in partnership with the Hawai‘i State Historic Preservation Division and Department of the Interior’s National Park Service.