Federal Historic Tax Credits & Special Assessment
Continuum has extensive experience preparing and coordinating federal Historic Preservation Certification Applications through the National Park Service and applications for Oregon’s Special Assessment of Historic Property Program. Our work combines a thorough understanding of preservation standards with practical experience on rehabilitation projects.
Historic tax credit projects benefit from careful planning early in project development. We help clients evaluate whether a proposed rehabilitation is a suitable candidate for preservation incentives, identify potential preservation challenges, and consider approaches that support project goals while meeting applicable standards. We work closely with owners, architects, and contractors to address preservation requirements as the design develops.
Our experience spans a wide range of building types and rehabilitation projects. We guide clients through application preparation, agency review, revisions, and documentation of completed work. Preservation approvals are determined by the reviewing agencies; owners and their tax advisors evaluate the availability and use of tax benefits.
We also prepare applications and preservation plans for Oregon’s Special Assessment of Historic Property Program. This program offers a ten-year property tax benefit for qualifying commercial historic properties in exchange for approved preservation work and compliance with program requirements. We help owners develop preservation plans and coordinate the application and preservation review process.
Venerable Group’s adaptive reuse of Portland’s Fire Station No. 7 was made possible with the use of federal Historic Tax Credits and Oregon’s Special Assessment of Historic Property Program.
Featured Tax Incentive Projects
Phoenix Pharmacy
Jacob & Etta Cook House