A Project-Based Analysis of the Effects of Federal Tax Credits on Historic Rehabilitation

The purpose of this study is to provide evidence on the effects of the federal historic rehabilitation tax credit (HRTC) on historic rehabilitation. A project-based database, mainly from the National Trust for Historic Preservation, is used to examine historic rehabilitation projects which date from 1977 to 1985. Some projects received no HRTC, others received the 10% HRTC, and others received the 25% HRTC. The requirements for the HRTC, including the requirements of historic significance and the tax law, are reviewed. The theories of externalities, excise subsidies, and elasticity are discussed with reference to the HRTC.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Accountancy

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2014

Author dc:creator

• Westphal, Catherine Margaret

• Business Administration, Accounting
• Economics, History

Identifier

(UMI)AAI8803232

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/71409