2025 first_quarter Filing

Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for legislation which outlines ways to improve the historic tax credit (HTC). We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. We have also discussed, referenced and monitored HR 2410-Revitalizing Downtowns and Main Streets Act and discussed/explored ways to rehabilitate underutilized historic buildings into housing and discussed possible legislation to improve smaller main street scale rehabilitation projects. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2025 (S. 479/H.R. 1103), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined