Investments in community development projects have contributed to the revitalization of upstate New York communities. Historic buildings are an important asset of these communities. The rehabilitation of these structures has the potential to attract additional investments and revitalize neighborhoods.
The Federal Reserve Bank of New York is pleased to sponsor the second part of a two-part Historic Rehabilitation series. Part I, held in Buffalo, provided an overview of the various tax credit incentives available for the rehabilitation of historic sites. Part II will detail how deals have been packaged, drawing on specific projects for examples.
The meeting will focus on the applications of Historic Tax Credits (HTC) utilizing real-world examples. The discussion will also incorporate recent projects that have leveraged other tax credits including the Low Income Housing (LIHTC) and New Markets Tax Credits (NMTC). The meeting also provides an opportunity for those with potential deals to meet one-on-one with experts to share information and better understand how community development projects can be structured.
Bankers, Developers/Investors, Local Community and Economic Development Officials, and Representatives of Community Organizations
Tuesday, September 10
8:00 a.m. to 5:00 p.m.
1040 E. Genesee Street