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historic tax credits | ||
Many states provide tax incentives for the restoration of historic buildings. This serves the dual purpose of helping to revitalize older parts of town and discourage the demolition of historic resources. Requirements vary, but adherence to The Secretary of the Interior's Standards for Rehabilitation is generally the key to a successful application. Photographic requirements weigh heavily on thorough documentation of the property, both before any work begins and after all construction is completed. Pre-renovation photographs must show historic elements and details which should be preserved as well as areas which may have already lost their historic features. Post-renovation photos should show the preservation of historic elements and how they are integrated into new construction. Documentation for a tax credit application will often require hundreds of photographs for each phase of work.
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Projects in this category include:
Empire State Building; New York City, New York | |
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