Preservation Incentives
Landmark status can enhance a building's prestige, increase the value of the property and help stabilize an entire neighborhood. There
are also specific financial benefits available from federal and local programs, including:
BUILDING OWNERS
- Reduced Property Tax Assessments for Rehabilitation (Class L)
- Income Tax Credits for Rehabilitation
- Income Tax Deductions for Easement Donations
- State Property Tax Assessment Freeze for Owner-Occupied Residential Rehabilitation
- Building and Zoning Code Exceptions
- Technical Assistance from City Preservation Specialists
BUILDING OWNERS/TENANTS
- Permit Fee Waivers for City Building Permits
A link to a PDF flyer summarizing available preservation and rehabilitation incentives can be found at the right hand side of the screen
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