How to Bring Stunning Historic Buildings Back to Life Using Tax Credits with Elizabeth Rosin – Ep. 35 - a podcast by Matthew Loos, P.E.

from 2020-11-25T13:30

:: ::

placemakingpodcast@gmail.comFacebook-fTwitterLinkedinInstagramHow to Bring Stunning Historic Buildings Back to Life with Tax Credits with Elizabeth Rosin – Ep. 35About the Guest
I am beyond thrilled to share this next conversation with all of you! Elizabeth Rosin is the Principal and CEO of Rosin Preservation, located in Kansas City. Elizabeth came into the field of historic preservation through the study of archaeology, earning her undergraduate degree from Northwestern University in anthropology and geography. The buildings that emerged from the confluence of people and place intrigued her. This interest spurred her to pursue a Master of Science in Historic Preservation at the University of Vermont. Since graduating in 1990, Elizabeth has held positions in both the public and private sectors that have involved her in historic preservation projects throughout the United States. In addition to the survey and designation of numerous historic resources, she has consulted on over 100 historic tax credit projects representing over $1 billion of National Park Service-approved rehabilitation. National, state and local entities have conferred preservation awards to numerous of these projects. In 2014 Elizabeth was recognized as Preservationist of the Year by the American Institute of Architects – Kansas City Chapter.On every job, Rosin Preservation contributes practical rehabilitation strategies and design direction appropriate to the nature and complexity of the project. They actively guide clients through regulatory processes triggered by local, state and/or national preservation law. By connecting clients to legal and accounting expertise and to tax credit investors, they help to ensure that each rehabilitation project has the most effective team to achieve a successful outcome. Rosin Preservations intimate understanding of the preservation process, the players and the rules and regulations enables their clients to accurately anticipate the time, costs and hurdles required to complete a successful project.In this episode, we discussed the process of obtaining historic tax credits, the most challenging aspects of obtaining these credits, and the various benefits there are to obtaining these types of tax credits. There is tons of great information in this episode and I greatly appreciated Elisabeth for taking the time out of her busy schedule to discuss this topic of historic tax credits with me.
Main Take-Away’s From This ShowWhen someone is passionate about a subject, you can really tell. It was easy to hear in her voice, that Elizabeth is very passionate about what she does. There is no doubt about that. She definitely knows her stuff when it comes to historic preservation and historic tax credits. There were several great anecdotes that she shared throughout the discussion, so it is extremely hard to just pick three for my main take-away’s this week. The following main topics of the show come from a deep understanding in the process of obtaining historic tax credits and the inherent value there is in understanding their benefits in your future real estate development endeavors.

The Historic Tax Credit program has incentivized the rehabilitation of thousands of properties since it’s establishment in 1976.When coupled with the state programs, the historic tax credits could provide a tax credit of 40% to 50% of the value of the approved qualified expenditures.
There is a certain hierarchy of improvements that are looked on more favorably then others when preparing the design for a HTC project.As always, I will dig into each of these “take-away’s” every week on the blog. So, without further a due, here we go!The Historic Tax Credit program has incentivized the rehabilitation of thousands of properties since it’s establishmen...

Further episodes of The Placemaking Podcast

Further podcasts by Matthew Loos, P.E.

Website of Matthew Loos, P.E.