In uncertain times, NTCIC is a trusted partner, providing lasting impact from idea to execution
Hoen Lithograph Complex
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Hoen Lithograph Complex
Philadelphia, PA
In uncertain times, NTCIC is a trusted partner, providing lasting impact from idea to execution
Hoen Lithograph Complex
+
Hoen Lithograph Complex
Philadelphia, PA
In uncertain times, NTCIC is a trusted partner, providing lasting impact from idea to execution
Hoen Lithograph Complex
+
Hoen Lithograph Complex
Philadelphia, PA
In uncertain times, NTCIC is a trusted partner, providing lasting impact from idea to execution
How we respond to change
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How we respond to change
Cambridge, MA
Transportation
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The National Building Museum is just minutes from Union Station and two major airports (DCA and IAD). You’re steps away from Capitol Hill, the National Mall, and several historic districts.
Why It Matters Now
- Offers federal tax relief in limited economic conditions
- Offers federal tax relief in limited economic conditions
- Offers federal tax relief in limited economic conditions
- Offers federal tax relief in limited economic conditions
Reputation & Legacy
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NTCIC is a subsidiary of the National Trust for Historic Preservation
Four-Star Charity
30+ Years of Experience
Delivering innovative tax credit financing for historic and community-focused developments since 1993.
Get In Touch
30+ Years of Experience
Delivering innovative tax credit financing for historic and community-focused developments since 1993.
Learn More
30+ Years of Experience
Delivering innovative tax credit financing for historic and community-focused developments since 1993.
Get In Touch
30+ Years of Experience
Delivering innovative tax credit financing for historic and community-focused developments since 1993.
Get In Touch
30+ Years of Experience
Delivering innovative tax credit financing for historic and community-focused developments since 1993.
Learn More
30+ Years of Experience
Delivering innovative tax credit financing for historic and community-focused developments since 1993.
Get In Touch
30+ Years of Experience
Delivering innovative tax credit financing for historic and community-focused developments since 1993.
Get In Touch
30+ Years of Experience
Delivering innovative tax credit financing for historic and community-focused developments since 1993.
Get In Touch
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About Project
Hoen Lithograph Building Baltimore, MD
Workforce Training & Innovation Hubs
Conwood Memphis, TN
Mixed-Income Redevelopment of Historic Industrial Campus
Ellicott Mill
Former School Becomes Affordable Housing and a Community Anchor
Hoen Lithograph Building Baltimore, MD
Workforce Training & Innovation Hubs
Conwood Memphis, TN
Mixed-Income Redevelopment of Historic Industrial Campus
Ellicott Mill
Former School Becomes Affordable Housing and a Community Anchor
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In a Shifting Market, Our Results Are Standing Strong
If you’ve been waiting for the right time to start, NTCIC is already here. While others hesitate due to market uncertainty, we’re closing deals, forming partnerships, and driving results nationwide.
Our momentum is real, backed by expertise, stable capital, and a proven track record. Whether you’re just starting or deep into planning, NTCIC supports your project’s full lifecycle.
For Investors Who Care About Returns - And Impact
Sep 12, 2025
Awarded $50M in New Markets Tax Credit Allocation
NTCIC was awarded and deployed $50 million in New Markets Tax Credit allocation to fuel development in underserved communities nationwide.
Sep 12, 2025
Awarded $50M in New Markets Tax Credit Allocation
NTCIC was awarded and deployed $50 million in New Markets Tax Credit allocation to fuel development in underserved communities nationwide.
Sep 12, 2025
Awarded $50M in New Markets Tax Credit Allocation
NTCIC was awarded and deployed $50 million in New Markets Tax Credit allocation to fuel development in underserved communities nationwide.
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Whether you’re restoring a landmark or a district, we have tools help you access capital and expertise to make historic projects financially feasible.
Developers
Whether you’re restoring a landmark or a district, we have tools help you access capital and expertise to make historic projects financially feasible.
Developers
Whether you’re restoring a landmark or a district, we have tools help you access capital and expertise to make historic projects financially feasible.
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NTCIC is a proud partner and wholly owned subsidiary of the National Trust for Historic Preservation, created to channel investment into projects that advance the Trust’s mission
of protecting historic places and revitalizing beloved, local communities.
Built to Advance the Trust’s Mission
NTCIC was established by the National Trust for Historic Preservation to bring capital and expertise to projects that protect America’s historic places. As a for-profit subsidiary, NTCIC complements the Trust’s advocacy and preservation work by financing real-world developments that bring lasting value to communities. We work closely with the Trust to extend its reach into main streets, and landmarks where investment can spark renewal.
Built to Advance the Trust’s Mission
NTCIC was established by the National Trust for Historic Preservation to bring capital and expertise to projects that protect America’s historic places. As a for-profit subsidiary, NTCIC complements the Trust’s advocacy and preservation work by financing real-world developments that bring lasting value to communities. We work closely with the Trust to extend its reach into main streets, and landmarks where investment can spark renewal.
Contact Us
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Whether you’re in the early stages of planning or ready to move your special project forward, NTCIC is here to help. We bring capital, experience, and mission-driven focus to community developments that matter. Reach out to start a conversation and explore how we can work together to bring your vision to life.
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Get In Touch
Tax Credit Resources, Links & Helpful Tips
Comprehensive guidance curated for first-time preservationists and smaller projects, covering both Historic and New Markets Tax Credits.
Tax Credit Resources, Links & Helpful Tips
Comprehensive guidance curated for first-time preservationists and smaller projects, covering both Historic and New Markets Tax Credits.
Tax Credit Resources, Links & Helpful Tips
Comprehensive guidance curated for first-time preservationists and smaller projects, covering both Historic and New Markets Tax Credits.
Tax Credit Resources, Links & Helpful Tips
Comprehensive guidance curated for first-time preservationists and smaller projects, covering both Historic and New Markets Tax Credits.
Tax Credit Resources, Links & Helpful Tips
Comprehensive guidance curated for first-time preservationists and smaller projects, covering both Historic and New Markets Tax Credits.
Tax Credit Resources, Links & Helpful Tips
Comprehensive guidance curated for first-time preservationists and smaller projects, covering both Historic and New Markets Tax Credits.
Tax Credit Resources, Links & Helpful Tips
Comprehensive guidance curated for first-time preservationists and smaller projects, covering both Historic and New Markets Tax Credits.
Tax Credit Resources, Links & Helpful Tips
Comprehensive guidance curated for first-time preservationists and smaller projects, covering both Historic and New Markets Tax Credits.
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NTCIC is part of the National Trust’s family of organizations advancing preservation through investment and advocacy.
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- David G. Clower
- President & CEO
Experts
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“Historic Tax Credits are one of the most effective tools for unlocking value in places that matter. At NTCIC, we’ve mastered the complexity so investors can focus on the opportunity. Especially now, HTCs are more relevant than ever, impactful, and smart.”
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Conwood Memphis, TN
Mixed-Income Redevelopment of Historic Industrial Campus
This turn-of-the-century school building in Washington, D.C. was reimagined into 46 affordable housing units for educators and artists. NTCIC provided equity through HTCs, layering in mission-driven capital to ensure long-term affordability and historic preservation.
This turn-of-the-century school building in Washington, D.C. was reimagined into 46 affordable housing units for educators and artists. NTCIC provided equity through HTCs, layering in mission-driven capital to ensure long-term affordability and historic preservation.
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How it Works
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.
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How it Works
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.
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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. 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.
After
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. 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.
Our Experience
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The Historic Preservation Finance Summit 2025 is where capital meets culture. Join us in Washington, D.C. for a powerful gathering of investors, developers, preservation advocates, and public leaders united by one purpose: to drive transformative change through historic rehabilitation. Over two days, you’ll engage with the brightest minds shaping the future of preservation-based investment opportunities.
From keynote sessions on adaptive reuse and equity in redevelopment to deep dives on financing tools like the Federal Historic Tax Credit and New Markets Tax Credit, this summit is designed to fuel your projects—and your vision. You’ll hear firsthand from developers making history, connect with seasoned tax credit professionals, and gain insider insight on emerging policies and funding opportunities.
Threatened by Infrastructure
Threatened by Infrastructure
Threatened by Infrastructure
Our Experience
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The Historic Preservation Finance Summit 2025 is where capital meets culture. Join us in Washington, D.C. for a powerful gathering of investors, developers, preservation advocates, and public leaders united by one purpose: to drive transformative change through historic rehabilitation. Over two days, you’ll engage with the brightest minds shaping the future of preservation-based investment opportunities.
From keynote sessions on adaptive reuse and equity in redevelopment to deep dives on financing tools like the Federal Historic Tax Credit and New Markets Tax Credit, this summit is designed to fuel your projects—and your vision. You’ll hear firsthand from developers making history, connect with seasoned tax credit professionals, and gain insider insight on emerging policies and funding opportunities.
Decades in the Making
A multi-phase redevelopment from the 1960s to today
Decades in the Making
A multi-phase redevelopment from the 1960s to today
Decades in the Making
A multi-phase redevelopment from the 1960s to today
Decades in the Making
A multi-phase redevelopment from the 1960s to today
Project & Investment Type
“The Summit helps me reset my focus every year. It’s not just about deals—it’s about vision, values, and building long-term community wealth. The relationships I’ve built here have been transformative, both professionally and personally.”
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She brings clear insight, deep experience, and strategic focus to every project—whether you're structuring complex capital or shaping long-term, legacy-driven development.
Next Event
Call out with Background Module 1
We’re hosting a roundtable for investors and developers focused on Historic Tax Credit projects. Learn how we structure deals, manage risk, and deliver results in a complex but rewarding space.
Next Event
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We’re hosting a roundtable for investors and developers focused on Historic Tax Credit projects. Learn how we structure deals, manage risk, and deliver results in a complex but rewarding space.
Meet the Team
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From keynote sessions on adaptive reuse and equity in redevelopment to deep dives on financing tools like the Federal Historic Tax Credit and New Markets Tax Credit, this summit is designed to fuel your projects—and your vision. You'll hear firsthand from developers making history, connect with seasoned tax credit professionals, and gain insider insight on emerging policies and funding opportunities.
Policy Inteligence Scaling up
Located in rural North Carolina, this 140,000-square-foot textile mill was restored into a mixed-use hub with commercial space, workforce housing, and a community learning center. NTCIC leveraged both state and federal HTCs to make the financing work.
Policy Inteligence Scaling up
Located in rural North Carolina, this 140,000-square-foot textile mill was restored into a mixed-use hub with commercial space, workforce housing, and a community learning center. NTCIC leveraged both state and federal HTCs to make the financing work.
Policy Inteligence Scaling up
Located in rural North Carolina, this 140,000-square-foot textile mill was restored into a mixed-use hub with commercial space, workforce housing, and a community learning center. NTCIC leveraged both state and federal HTCs to make the financing work.
Policy Inteligence Scaling up
Located in rural North Carolina, this 140,000-square-foot textile mill was restored into a mixed-use hub with commercial space, workforce housing, and a community learning center. NTCIC leveraged both state and federal HTCs to make the financing work.
Policy Inteligence Scaling up
Located in rural North Carolina, this 140,000-square-foot textile mill was restored into a mixed-use hub with commercial space, workforce housing, and a community learning center. NTCIC leveraged both state and federal HTCs to make the financing work.