A Patient Process For Real, Lasting Transformation
For Investors Who Care About Returns – And Impact
Historic Tax Credits are structured financial transactions involving real estate development and tax compliance. Typically, investors partner with a project sponsor to contribute equity in exchange for a share of the federal tax credits (and often, state credits too). These are governed by strict federal guidelines—including a 5-year recapture period and “substantial rehabilitation” tests.
For Investors Who Care About Returns – And Impact
Historic Tax Credits are structured financial transactions involving real estate development and tax compliance. Typically, investors partner with a project sponsor to contribute equity in exchange for a share of the federal tax credits (and often, state credits too). These are governed by strict federal guidelines—including a 5-year recapture period and “substantial rehabilitation” tests.
Revitaliation in Contrast
BEFORE
Threatened by Infrastructure
In the mid-1960s, proposals for a highway through Fells Point instigated deep community concern and fear of losing the neighborhood’s character, history, and authenticity.