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The Process Simplified

Historic Preservation Tax Credit Workshop (Federal & State of Ohio)

Heritage OhioLIMA OHIOOctober 5, 2009

Presented by Chambers Murphy & Burge

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The Process Simplified

Value of Team Work, add a Restoration Architect.

Presented by Chambers Murphy & Burge

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Discussion Goals

Outline tools available to Owner’s Team.

Allow Owner/Developer to realize project possibilities.

Level the process

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Topics of Discussion

Secretary of the Interior’s Standards Expertise Documentation Building Codes Costs Communication

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Secretary of the Interior’s Standards

FEAR FACTOR Standards—list of ten—common sense

design rules Takes precedence over other sets of

regulations Communications and early discovery is

the key.

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Expertise

FEAR FACTOR Often hear the word “complex” Include the proper expertise on your Team Experts may include

– Enthusiastic Owner/Developer– Tax attorney– Accountant with tax expertise– Restoration/preservation architect

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Expertise

FEAR FACTOR Often hear the word “complex” Include the proper expertise on your Team Experts may include

– Enthusiastic Owner/Developer– Tax attorney– Accountant with tax expertise– Restoration/preservation architectIMPORTANT!

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Documentation

FEAR FACTOR Start at the beginning of the project Required for IRS (remember the Tax Credit

is a big incentive to do this) Helps to expedite your processes.

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Building Codes

FEAR FACTOR Myth busters – “An old building cannot meet

the current building code” Myth busters – “It is too expensive to bring

that old building up to code”

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Building Codes

SECTION 3409 HISTORIC BUILDINGS 3409.1 Historic buildings. The provisions of this code relating to the construction, repair, alteration, addition, restoration and movement of structures, and change of occupancy shall not be mandatory for historic buildings where such buildings are judged by the building official to not constitute a distinct life safety hazard.

Exception: Historic buildings that are: 1. Listed or preliminarily determined to be eligible for listing in the National Register of Historic Places; 2. Determined by the Secretary of the U.S. Department of Interior as contributing to the historical significance of a registered historic district or a district preliminarily determined to qualify as an historic district; or 3. Designated as historic under a state or local historic preservation program that is approved by the Department of Interior. (CLG)

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Building Codes

FEAR FACTOR Myth busters – “An old building cannot meet

the current building code” Myth busters – “It is too expensive to bring

that old building up to code”

FEAR FACTOR Myth busters – “An old building cannot meet

the current building code” Myth busters – “It is too expensive to bring

that old building up to code”

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Building Codes

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Costs

Details about this topic Supporting information and examples How it relates to your audience

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Communication

FEAR FACTOR Entities involved -- ooohh! So many! Lingo, regs, paperwork

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Communication

FEAR FACTOR Entities involved -- ooohh! So many! Lingo, regs, paperwork Don’t forget your Team—they are there to

help you.

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Real Life

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Real Life

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Real Life

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Real Life

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Real Life

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What This Means

FEAR FACTOR Myth Busting Small projects can move forward. Small projects can use tax credits. DON’T GIVE UP YET!