Thu, 02/27/2020 - 6:01pm admin The Illinois Department of Natural Resources, IDNR, recently announced the second round of recipients for a new statewide historic preservation income tax credit program. The program encourages private investment in historic properties in Illinois. The second round allocated credits to three projects...
Post written by Zachary Ulman COO and a partner at Lincoln Avenue Capital, one of the nation’s fastest-growing developers, investors, and operators of affordable housing. Photo: Getty Housing does more than provide physical shelter: It gives people a sense of belonging, a safer living environment and a community to call...
Published by John M. Tess on Thursday, January 9, 2020 As a new decade begins, there is value in contemplating opportunities for using the 20 percent federal historic tax credit (HTC) program in real estate redevelopment. From a financial perspective, the program is very attractive. It is...