The federal Historic Tax Credit program (HTC) is our government's largest investment in historic preservation and since its inception, the program has leveraged nationally over $120 billion in private investment and revitalizing often abandoned and underperforming properties. Over 400 preservation projects have been financially supported by the HTC since 2002. The HTC creates jobs, increases local tax revenue, leverages private dollars, is a catalyst for investment in our communities and is often a critical financial component of restoration projects that may otherwise not have happened.
Review this letter then add your signature today! Preservation Massachusetts, Boston Preservation Alliance, and others will take this letter to Washington DC in two weeks to meet with Massachusett's congressional delegation. The deadline to sign onto the letter is 5:00 PM on Friday, March 10.