Posts in Federal
Historic Tax Credit Growth and Opportunity Act (HTC-GO)

On June 19, supporters of improvements to the Federal Historic Tax Credit took part in Lobby Day on Capitol Hill hosted by the Historic Tax Credit Coalition, to encourage support for the HTC-GO legislation. Preservation League staff met with several New York representatives to express the importance of H.R. 2825, and how it would bring more value to historic tax credits and improve access to the credit and investment for smaller rehabilitation projects across New York State.

Don't for forget to contact your New York Congressional Representative and encourage them to co-sponsor the Historic Tax Credit Growth and Opportunity Act in the House, and ask Senators to support the introduction of similar legislation. Please join us in thanking representative Brian Higgins (D-NY) for being an early co-sponsors of this legislation!

Update: Many thanks to local representatives Anthony Brindisi (D-NY), Antonio Delgado (D-NY), Paul Tonko (D-NY), and Chris Collins (R-NY) for joining Brian Higgins in co-sponsoring this legislation!

The House Appropriations Interior Bill Report

On May 21, the House Appropriations Interior bill report was released. We are pleased that it includes strong support for preservation and the Historic Preservation Fund. This includes important increases for SHPOs & THPOs, expansion for the Civil Rights Movement, Save America's Treasures and HBCU grant programs, and language expressing concern over the proposed rule changes to the National Register.

For more information, view the official press release and Preservation Action’s Legislative Update.

FederalPLNYS Staff
​Historic Tax Credit Growth and Opportunity Act (HTC-GO) Introduced in House

On May 17, legislation was introduced in the U.S. House of Representatives that would bring more value to historic tax credits and improve access to the credit and investment for smaller rehabilitation projectsH.R. 2825 introduced by Congressman Earl Blumenauer (D-OR) and co-sponsored by Darin LaHood (R-PA), Terri Sewell (D-AL), Mike Kelly (R-PA), Michael Turner (R-OH), and Brian Higgins (D-NY). Senate introduction of similar legislation is expected within the next few weeks. 

Read the NTCIC Action Alert to learn how this legislation would increase the value of HTC transactions and encourage redevelopment of smaller, income-producing properties. Please contact your New York Congressional Representative and encourage them to co-sponsor the Historic Tax Credit Growth and Opportunity Act, sponsored by Blumenauer/ LaHood in the House.

A special thank you to representative Brian Higgins (D-NY) for being an early co-sponsor of this legislation!