HISTORIC TAX CREDITS 101

THE BASICS FOR TOWNS, BUILDING OWNERS, AND INVESTORS

August 24th at 10am | Skowhegan Center for Entrepreneurship | 181 Water Street, Skowhegan

Income-producing properties listed in the National Register of Historic Places are eligible to receive a tax credit for as much as 45% of qualified rehabilitation expenses through state and federal incentive programs.

This workshop is for anyone who is new to historic tax credit concepts and those who want a refresher on the foundational concepts. Building owners, real estate developers, investors, attorneys, consultants, city officials, and organizations focused on economic development and community revitalization are encouraged to attend.

In this session, you’ll learn about:

• Program benefits

• Eligibility requirements

• Qualifying expenses

• Application process

• Project financing

• Claiming the credit

Speakers:

Patric Moore, Business Relations Manager, Main Street Skowhegan

Anne Ball, Program Director, Maine Downtown Center

Tara Kelly, Executive Director, Maine Preservation

Mike Johnson, Historic Preservation Coordinator, Maine Historic Preservation Commission

John Egan, Genesis Fund

Jeff Powers, Owner, Bigelow Brewing