The Historic Preservation Fund matches financial and sweat equity commitments from non-federal sources. All federal funds are matched at a minimum of 50-50. The HPF pays for the reviewers who assist and approve rehabilitation projects which receive an Historic Rehabilitation Tax Credit. The Historic Preservation Fund will not enlarge the federal estate. The purpose of the HPF is NOT federal land acquisition.
Historic preservation is all about choice.
Historic preservation gives people who choose to live in historic communities tools to make those communities better. It is about giving individual Americans a voice when the federal government plans a project that might destroy a neighborhood. It is about civic responsibility and history and American values. The HPF allows communities to make their own decisions about what they think is important and what they want to save. This is not top down, it is bottom up.