Source: http://kshs.org/p/federal-tax-credits/14610
Timestamp: 2013-12-08 01:08:16
Document Index: 390345897

Matched Legal Cases: ['art 1', 'art 2', 'art 2', 'arts 1', 'art 1', 'art 2', 'art 3']

Federal Historic Rehabilitation Tax Credits - Kansas Historical Society Jump to Navigation
NEW in May 2011: Second Annual Report on the Economic Impact of the Federal Historic Tax Credit sponsored by the National Trust Community Investment Corporation, a subsidiary of the National Trust for Historic Preservation.
10 percent credit for non-historic buildings
Part 1—Evaluation of Significance This form is used to certify that your building is a historic structure for purposes of the tax credit program. If your building is individually listed on the National Register of Historic Places, you will not need to file this portion of the application. Photographic documentation of the building before work is required. The building's eligibility must be evaluated before work is started and photographs are usually the only way to do this.
Part 2—Description of Rehabilitation This portion of the application must be submitted by all applicants for the 20 percent Federal Tax Credit. The form is used to certify that the proposed project will meet the Secretary of the Interior's Standards for Rehabilitation. It is recommended that Part 2 be submitted prior to initiation of the rehabilitation project. Owners who undertake rehabilitation projects without prior approval do so at their own risk. Parts 1 and 2 may be submitted together, but Part 1 must be evaluated prior to review of Part 2
Part 3—Certification of Completed Work A project does not become a "certified rehabilitation" until it is completed and certified by the NPS. This form, with supporting photographs of the finished work, should be submitted when all work has been completed. Upon review and approval by the NPS, projects will be certified as complete and as qualifying for the 20 percent Federal Tax Credit.