The Process Simplified
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Transcript of The Process Simplified
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04/08/231
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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04/08/232
The Process Simplified
Value of Team Work, add a Restoration Architect.
Presented by Chambers Murphy & Burge
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04/08/233
Discussion Goals
Outline tools available to Owner’s Team.
Allow Owner/Developer to realize project possibilities.
Level the process
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04/08/234
Topics of Discussion
Secretary of the Interior’s Standards Expertise Documentation Building Codes Costs Communication
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04/08/235
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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04/08/237
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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04/08/2310
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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04/08/2311
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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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”
04/08/2312
Building Codes
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04/08/2313
Costs
Details about this topic Supporting information and examples How it relates to your audience
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04/08/2314
Communication
FEAR FACTOR Entities involved -- ooohh! So many! Lingo, regs, paperwork
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04/08/2315
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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04/08/2316
Real Life
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Real Life
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04/08/2318
Real Life
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04/08/2319
Real Life
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04/08/2320
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!