Historic Rehabilitation Tax Credit Investments
The Federal Historic Rehabilitation Tax Credit (HTC) program permits building owners or third-party investors to receive a credit against Federal income taxes for the rehabilitation of historic income-producing properties. A 10% credit is available for a non-historic building built before 1936. A 20% credit is available for the substantial rehabilitation of commercial, agricultural, industrial or residential buildings that are certified as historic. The HTC totals either 10% or 20% of the “qualified rehabilitation expenses” of the project and is claimed over a five-year compliance period.
UFA makes equity investments in real estate projects that qualify for HTCs. UFA offers competitive pricing and pay-in schedules to meet developer capital requirements.