EPISODE · Mar 11, 2024 · 20 MIN
Finding Funding
from Tangible Remnants
This solo episode focuses on the various financial tools available to finance the renovation of a historic building. Specifically:Grants and bond bills, Tax Credits (HTC, NMTC, LIHTC) and Rebates or incentives (DSIRE & Inflation Reduction Act)I'll cover a high-level view of various financing products and have included some great resources below if you're interested in learning more. You can also head over to our Instagram page (@tangibleremnants) for some graphics and charts on the various financing options.If you're working on your own tangible remnant or know anyone else working on a historic building that is looking for additional ways to finance it, please send them this episode.*Note: I am not a CPA nor do I play one on this podcast so please make sure you do your due diligence, talk to your attorney/CPA to find out what is viable for your individual project and jurisdiction. Links:Government sites to funding programs:HTC: https://www.nps.gov/subjects/taxincentives/index.htmLIHTC: https://www.huduser.gov/portal/datasets/lihtc.htmlNMTC: https://www.cdfifund.gov/programs-training/programs/new-markets-tax-creditDSIRE: https://www.dsireusa.org/Guides & Resources:Quinn Evans Historic Tax Credit guide: https://www.quinnevans.com/news/navigating-historic-tax-creditsNovogradac Tax Credit Journal: https://www.novoco.com/resource-centers/affordable-housing-tax-credits/about-lihtc#:~:text=The%20LIHTC%20is%20designed%20to,acquisition%20cost%20of%20existing%20buildings.Community Development Entities (CDEs). New Ecology: https://www.newecology.org/media/IRA webinar (Lorax): https://loraxllc.com/planning-for-the-md-climate-solutions-now-act-copy/Lorax IRA blog: https://loraxllc.com/unlocking-building-sustainability-with-the-inflation-reduction-act-ira/About the podcast:Tangible Remnants on InstagramTangible Remnants WebsiteLinkedTr.ee for resourcesEarn CEUs for listening to this podcastSignup for Ask Me Anything w/ Nakita ReedGabl Media NetworkSarah Gilberg's Music **Some of the links above maybe Amazon affiliate links, which means that if you choose to make a purchase, I will earn a commission. This commission comes at no additional cost to you.** Mentioned in this episode:Gabl MembershipShe BuildsUnstruct
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Finding Funding
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