Allowable Costs When Applying for a Tax
"Hard costs" associated with
the physical preservation of a historic property - demolition, carpentry,
sheetrock, plaster, painting, ceilings, doors, windows, fire sprinkler systems,
roofing, flashing, exterior repair, cleaning, tuck pointing, cleanup, etc...
Does not Include
Improvements undertaken due to normal wear and tear.Routine or periodic maintenance - cleaning, routine painting, minor
repairs, general periodic upkeep, redecorating or any purely cosmetic change
that is not part of an overall rehabilitation or that does not enhance the
property's historic character."Soft costs" - fees related to appraisals, architectural,
engineering, interior design, legal, accounting, realtor, loan, sales and
marketing, closing, building permit, use and inspection, project signs,
phone, temporary power, bind bonds, copying, rent, etc...
New additions or enlargements (except as may be required to comply
with building safety codes).
Excavation, grading, paving, landscaping or site work.
Repairs to additions made to a historic property after the property
was officially designated.