For-profit/non-profit partnerships and the federal historic rehabilitation tax credit : are they an option for your non-profit?

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Vaselaar, Kirsten J.
Parker, Francis H. (Francis Haywood), 1938-
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Thesis (M.S.H.P.)
Department of Architecture
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The purpose of this creative project is to offer small non-profit organizations an overview of the legislative requirements of the Historic Rehabilitation Tax Credit Program and an understanding of the complexities involved in creating a syndicate to leverage the tax credits into project equity. Topics covered in this project include: basics of the tax credit, finding and assessing a potential project, creating a project syndicate, mitigating risk with a for-profit subsidiary, and leveraging other related sources of project funding. The intended audience for this guide is the management and board of directors of small non-profit organizations who are considering the rehabilitation of a historic structure, using the Historic Rehabilitation Tax Credit as a component of the project funding.