Historic tax credits are a financial incentive program on both the federal and state levels. As an effective investment strategy to reuse historic buildings, it is one of the nationa’as most successful and cost-effective community revitalization programs. Based on the Secretary of the Interior’s Standards for Rehabilitation, the structures and tax benefits range depending on if its a residential or commercial rehab. The tax credit projects in the Calhoun Preservation portfolio represent millions of construction activity around the Gulf Coast and includes a broad spectrum of projects — commercial, institutional, industrial and residential buildings in big cities and in small towns. They range from a $70,000 renovation of a historic shotgun residence to the rehabilitation of a 21-story office building in Texas.
517 Broad Street, Lake Charles, LA
Commercial building - State and Federal Historic Tax Credits
Completion: c. 2019
4310 Magazine Street, New Orleans, LA
Part 2 - Education Building, Historic Tax Credits
Completion: c. 2019
2320-2322 Lowerline Street, New Orleans, LA
State Residential & Commercial Historic Tax Credits
1036-1038 Friscoville Avenue, Arabi, LA
State Residential & Commercial + Federal Commercial Historic Tax Credits
600 Leopard Street, Corpus Christi, TX
State Commercial & Federal Commercial Historic Tax Credits
In some occurances, historic buildings, structures and sites are not able to be saved, however, that does not mean that historic preservation methods cannot be implemented. Documenting a building, structure and site through a variety of mapping and image-collecting methods give the future generations reference to the historic built environment. Before demolition, relocation or high impacts to the architectural integrity, Calhoun Preservation is prepared to document the building to ensure that key information is collected about its appearance, construction and history. Reports prepared for the Historic American Buildings Survey or the Historic American Engineering Record are archived in the Library of Congress. Other documentation reports are maintained by the State Historic Preservation Office.
Calhoun Preservation has inventoried and documented the current state of historic and non-historic buildings on a variety of scales, from a few blocks in downtown to massive districts covering thousands of buildings. Some surveys have looked at geographical clusters of resources (such as a downtown commercial district or a residential neighborhood), while others studied resources linked by a common theme (such as theaters). Surveys end up telling us more about our local history and how the architectural fabric reflects its change over time.
Hammond Central Historic Structures Survey
Documenting approximately 1,400 structures in Hammond, Louisiana - to be added to the Louisiana Historic Structures Inventory.
See the completed Central Hammond Survey Report here.
Survey the current state of mid-century modern structures in the Lake Vista neighborhood of New Orleans, its rate of demolition, and its fast changing character.
100 Block of Canal Street, New Orleans
Part of a larger analysis of Canal Street and surrounding blocks - study the current state of the buildings, its historical context and offer potential solutions.
PROPERTY INFORMATION PACKETS
Mostly useful for real estate professionals or interested building owners, property information packets offer a level of understanding to properties that identifies key factors of real estate purchasing. Information in these packets include the real estate, movables, inventory of accessory buildings, history of property, ownership chronology, zoning, building restrictions and other pertinent information. Calhoun Preservation has developed packets ranging from French Quarter shotguns to Natchez antebellum plantations. A thorough real estate dissection creates easier transactions and clearer representation of historic or non-historic properties.
NATIONAL REGISTER NOMINATIONS
The National Register of Historic Places (NR) is the nation’s highest distinction in recognizing significant historic buildings, structures, objects and sites. Designed to be a honorary designation, the nomination has no design restrictions. Instead, it provides property owners access to financial incentives (such as tax credits and grants) and that promote preservation efforts. Such nominations offer direction to planners targeting economic development incentives or guiding new development. Nominations are open to individual buildings, groups of buildings, landmarks and districts. Calhoun Preservation has experience in the nomination process of individual properties, historic districts, and group building submissions. This program offers a higher understanding of architectural stock and cultural heritage.
Property research utilizes several resources. If building owners have been curious about a building's history, there is more to know than what is found in basic details from Zillow or Redfin. Research plays a key role in businesses involved in the local property market. Effective propertyresearchers provide advice and analysis that informs investment decisions, impacting on the bottom line.