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HRSR INFORMATION 11-01-2010
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HRSR INFORMATION 11-01-2010
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10/29/2010 9:03:26 AM
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10/28/2010 3:07:25 PM
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City Government
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HRSR
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11/4/2010
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When does the tax credit start? <br />• Credit is available for projects in <br />taxable years after December 31, <br />2009 <br />• Projects with rehabilitation costs <br />paid under contracts entered into <br />after May 1, 2010 are eligible to <br />apply for the credit <br />• Developers must apply for credits <br />before construction work begins <br />• The MN Historic Structure Rehabili- <br />tation Tax Credit is set to expire <br />after fiscal year 201 5 unless it is <br />reauthorized <br />For more information <br />Minnesota buildings listed on the <br />National Register of Historic Places: <br />http://www.nrhp.mnhs.org <br />Federal Tax Incentives: www.nps.gov/ <br />history/hps/tsp/tax <br />Technical information on <br />rehabilitation: <br />www.nps.gov/history/hps/tps <br />The Secretary of the Interior's <br />Standards: <br />www.nps.gov/history/hps/tsp/ <br />standards_guidelines <br />State Historic Preservation Office <br />345 Kellogg Blvd. W. <br />Saint Paul, MN .5 5 1 02-1 906 <br />Phone: 651.259.3450 <br />Fax: 651.282.2374 <br />For questions about project eligibility, <br />architectural review, or the application <br />process contact: <br />Natascha Wiener, Historical Architect <br />651.259.3462 <br />natascha.wienerC~mnhs.org <br />Linda Pate, Preservation Specialist <br />Technical Services <br />651.259.3468 <br />Iinda.pateC~mnhs.orq <br />Applicants are strongly encouraged to seek <br />the advice of a qualified tax advisor with <br />questions concerning specific tax conse- <br />quences before proceeding with any tax <br />credit rehabilitation project. <br />~~~ historic Structure <br />habillitation Tax Credit <br />New Tool for Job Creation <br />and Historic Rehabilitation <br />l~ Minnesota <br />l~ Historical Societ <br />Y <br />State Historic Preservation Office <br />
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