Transcript Tax Credits - WordPress.com

Preservation Tax Credits & the
Yalecrest Neighborhood
Nelson Knight
Tax Credit Program Coordinator
Preservation Office/Utah State History
801-245-7244
[email protected]
Know Your Players:
• State Historic Preservation
Office
• Salt Lake City Historic Landmarks
Commission
• Utah Heritage Foundation (UHF)
State Historic Preservation Office:
• (aka: SHPO, State Historical Society &
State History)
• Part of Utah State Government
 State – Rio Grande Depot
300 South Rio Grande
 History.Utah.Gov







Tax Credits
National Register
Technical Assistance
Local Government Assistance
Utah Historical Quarterly
Research and Information
Great Mexican Food
SLC Landmarks Commission:
• Part of Salt Lake City Government
 City & County Building
Planning Division
451 S. State Street
 slcgov.com/historicpreservation








Establishes City Historic Districts
Administers City Historic Districts
Design Review of Projects
New Construction
Demolition
Building Permits
Yalecrest Infill Ordinance
Character Conservation Districts
 Good breakfast in the Café
 What all the Fuss has been about!
Utah Heritage Foundation
• Nonprofit Advocacy Organization
 Memorial House
Memory Grove
 utahheritagefoundation.org









Historic Preservation Advocacy
Loan Program
Easement Program
Annual Conference
Awards
Homes Tour
Ladies Literary Club
Salt Lake Modern
Your Wedding was Probably There
Local vs. National Registers
•
•
•
•
•
SLC Register
Designated by City Council
Regulatory
HLC can deny demolition
Requires review of exterior
alterations, additions and new
construction
Six Historic Districts and
approx. 150 Landmark Sites
(5,000 Buildings)
•
•
•
•
•
National Register
Designated by National Park Service
and SHPO
No protection to properties unless
federal funding is involved (Section
106)
No restrictions on owners
State and Federal Tax Credits
Available for Rehabilitation
Seven Additional Historic Districts
and approx. 50 additional individual
properties.
Salt Lake City Historic Districts
• Seven Local Districts:
▫ South Temple Historic District
▫ Exchange Place Historic
District
▫ Avenues Historic District
▫ Capitol Hill Historic District
▫ Central City Historic District
▫ University Historic District
▫ Westmoreland Historic District
▫ 150 Landmark Sites throughout
the City.
National Register Districts and Sites
• Fifteen Additional Districts and Fifty
Individual Sites
• List of Places of National, State, and
Local Significance
• Administered by National Park
Service
• Nominations Submitted by State
Historic Preservation Officer
• Designation is honorific and incurs
no responsibility on the part of the
property owner
• Federal Actions are reviewed for
potential impact (Section 106)
• Listed Properties or properties
within historic districts are eligible
for federal and state tax credits
Historic Rehabilitation Tax Credits
• 20% State Tax Credit
For Residential Properties
20% After Tax Credit
Must be Listed on
National Register of
Historic Places
Spend $10,000
minimum
3 years maximum
Use credit for 6 years
Apply to State Historic
Preservation Office
Secretary of Interior’s
Standards
Historic Rehabilitation Tax Credits
• 20 % Federal Tax Credit
For Income Producing Properties
 20% After Tax Credit
 Must be Listed on National
Register of Historic Places
 $ Spend = Adjusted Basis
 2-5 years maximum
 Use credit for 21 years
 Apply to State Historic
Preservation Office
 Application is sent to National
Park Service
 Fees for review
 Secretary of Interior’s
Standards
Historic Rehabilitation Tax Credits
• 10% Non-Historic Federal
Tax Credit
For Income Producing Properties
(Non-Residential Only)
 10% After Tax Credit
 Must be built before 1936 & not
on the National Register
 $ Spend = Adjusted Basis
 2 years maximum
 Use credit for 21 years
 Apply to IRS form 3468
 No fees
 Minimum walls left standard
Ineligible Expenses
• Certain work is
reviewed as part of a
project, but is
ineligible for the
credit, including:
▫
▫
▫
▫
▫
▫
▫
Acquisition Costs
Site work
Additions
Outbuildings
New Construction
Furnishings
Appliances
Application
• Part 1
 The Building
 It’s Register
Status
 You
• Part 3
(Certification)
 The Building
 $ Spent
 After Photos
• Part 2
 The Building
 $ Plan to Spend
 Feature Dates,
Descriptions &
Proposals
 Before Photos
 Plans
The Secretary of the Interior’s
Standards for Rehabilitation
• Maintain features that are in
good condition
• Repair features that are
deteriorated, rather than replace
them.
• Replace only those features that
are beyond repair
• Reconstruct missing features
• Design any new feature to be
compatible
The Secretary of the Interior’s
Standards for Rehabilitation
• http://www.nps.gov/tps/standards/rehabilitation.htm
• In concert with Guidelines for Rehabilitating Historic Buildings
• New Sustainability Standards
Materials
• Primary historic
building materials
should be preserved
• When the material is
damaged, then limited
replacement, matching
the original may be
considered.
• Primary materials
should never be
covered or subjected to
harsh cleaning
treatments (no
sandblasting)
Porches
• Very important
• Historic appearance
should be preserved or
replicated if possible
on altered porches
• “licorice stick” metal
replacements not
appropriate
• Enclosing a front
porch not appropriate
• Rm. 215 has allowed a
reduced railing height
to match historic rails
Architectural Details
• Architectural
details contribute
to the historic value
of a building and
add visual interest
to a district
• Preserve original
architectural
detailing
• Yalecrest example
Doors
• The original size and proportion of a door and the detail of the door
itself, contribute to the character of a historic building
• When replacing door, use designs similar to those found historically
• Match size, materials, and configuration.
• Metal panel and fiberglass doors not generally approved as
replacements for wood front doors – more flexibility on sides and
back.
Windows
• Historic windows should be
preserved when feasible.
Replacement is only justified when
window is deteriorated beyond
repair.
• The basic character defining
elements include:
- size
- type and configuration
- proportions
- frame depth and dimension
• Character defining elements such
as muntins (fenetrations?) should
be preserved.
• Aluminum clad and vinyl windows
are allowed in limited cases.
•Before rehabilitation:
•No historic windows
remained .
•After rehabilitation:
Replacement windows
are compatible with the
exception of the two
windows installed in
the large single opening
on the first floor.
•To meet the Standards the
double windows on the first
floor had to be replaced with
one large window to fit the
historic opening.
Interiors
• Significant character-defining
features must be preserved.
• New interior elements should
be compatible with, but
differentiated from, the
historic interior.
• Be very careful when moving
or removing walls.
Roofs
• Historically, most roofs in Salt Lake City were covered with sawn wood
shingles. Slate, tile, and metal roofs were uncommon in the city,
except in early/mid 20th Century East Side neighborhoods such as
Yalecrest.
• Architectural grade asphalt shingles and sawn wood shingles are
generally appropriate. Work to match the historic material if it is
documented – Preserve the material if it is character-defining.
• Metal shingles and standing seam metal roofs do not meet the
standards unless a historic metal roof can be documented.
• Ensure that no important architectural details are covered by gutters
and downspouts.
Garages and Outbuildings
• NOT ELIGIBLE FOR TAX CREDIT
▫ Even if they are historic
▫ Exception: Attached historic garages
• New garages should be detached
structures located behind house to
maintain historic pattern. Attached
garages have been approved in special
circumstances when the door does
not face the street, but if they are
additions they are not eligible
expenses
• Use materials similar to those used
historically or similar to the primary
structure.
• Wood siding, stucco, brick or fibercement siding appropriate.
• Consider matching the roof pitch of
the house
• Consider two single doors instead of
double-width door
Additions
• ADDITIONS ARE NOT ELIGIBLE
EXPENSES FOR THE TAX CREDIT
BUT ARE REVIEWED AS PART OF
A LARGER PROJECT
• Additions to make a building more
livable are appropriate when
designed in a manner that preserves
the character of the existing
building.
• Locate mass of addition toward the
side or the rear of the lot.
• Use compatible materials
• Use original or visually compatible
materials
• Use dormers instead of pop-ups, but
locate on secondary elevations.
• Additions that alter the roofline or
front facing dormers are generally
not appropriate.
• Still working through this in Yalecrest.
Addition Example: 1408 Yale Ave
•
•
•
•
Addition not visible from the street
Doesn’t project above roofline
Similar materials as original
Similar stylistic details
Resources: Maps, Newspapers
• University of Utah
Marriott Library
http://lib.utah.edu/
Sanborn Maps
http://content.lib.utah.edu/c
dm/az?page=0
Newspapers
http://digitalnewspapers.org
Resources: Information
• Utah State Historical Society
• history.utah.gov
 State Historic Preservation Office
 Historic Sites Database, National Register & Files
 National Historic Districts
 Single & Multiple Listings
 Architects Files
 Subdivision Files
 Contractor Directory
 Architects, Designers & Drafting
 Engineers,Testing
 Suppliers, Product Reps
 Contractors & Sub-Contractors
 Certified Local Government Program
 Historic Site Markers
Resources: Photos, Maps, Newspapers
Utah State Historical Society
Research Center
http://historyresearch.utah.gov
Shipler Photo Collection
Salt Lake City Engineer’s Photos
Tribune Photo Collection
Other Photos, Maps & Directories
Questions, Information,
Moral Support:
Nelson Knight
Tax Credit Program
Coordinator
Division of State History
801-245-7244
[email protected]
history.utah.gov
historicbuildings.utah.gov