Federal HTC

In Memoriam | William "Bill" Murtagh, First Keeper of the Register

In Memoriam | William "Bill" Murtagh, First Keeper of the Register

At 95 years old, William “Bill” Murtagh, a founding father of the modern historic preservation movement in America, passed away on October 28. Our profession owes a great deal to Murtagh’s scholarship and leadership in the formation of current principles that guide many aspects of preserving our nation’s historic resources, including the process of review for historic tax credits.

FY 2017 Annual Report on the Economic Impact of Historic Tax Credits continues to support merits of the program

The National Park Service and Rutgers University have released the Annual Report on the Economic Impact of Historic Tax Credits for FY 2017. Once again, the findings show the strength of the federal historic tax credit program in stimulating investment and communities and job creation.

Historic Tax Credits and Urban Revitalization

Historic Tax Credits and Urban Revitalization

This week’s edition of The Economist magazine has an informative article about urban revitalization in St. Louis. In a city with a turbulent history of racial segregation and housing discrimination, and one The Economist calls “one of the country’s most troubled,” the article describes signs of hope in the form of Millennial in-migration and successful educational efforts in the city’s most challenged neighborhoods. At the heart of these trends the article highlights a public/private innovation district named Cortex Innovation Community being developed—and thriving—in a formerly abandoned industrial area between Washington and St. Louis Universities.