Preservation Action Legislative Update
Legislative Update
Volume 25. Number 19
June 17, 2022
1. HISTORIC TAX CREDIT SUMMIT
2. PARK FOUNDATION REAUTHORIZATION
3. NOMINATE PROJECT FOR HUD AWARD
4. STORIES FROM AROUND THE STATES
Historic Tax Credit Summit Held in Washington, D.C
This week, Preservation Action joined historic tax credit industry professionals, developers, historic preservation advocates, and others in Washington, D.C. for the IPED: Historic Tax Credit Summit. Attendees from across the country heard from industry experts, getting a comprehensive look at the current environment for historic tax credit projects and cutting-edge guidance. This included discussion on the Historic Tax Credit Growth and Opportunity Act (H.R. 2294, S. 2266), which would make several important changes to increase and enhance the HTC. Many attendees also participated in congressional office visits to urge lawmakers to urge support for the Historic Tax Credit Growth and Opportunity Act (HTC-GO).

The HTC-GO Act would temporarily increase the credit to 30% for five years (House bill only), permanently increase the credit to 30% for projects under $2.5 million, and make several enhancements to improve the credit and make it easier to use for smaller projects.

Take Action

Join us in urging your members of Congress to co-sponsor the bipartisan HTC-GO Act today! Demonstrating strong support for legislation is absolutely critical as we look to take advantage of any potential legislative vehicles to move this legislation. We now have a record number 90 cosponsors in the House and 13 cosponsors in the Senate. Help us keep up the momentum by reaching out to your Representative and Senators today! Preservation Action has made it easy for you to take action!
Legislation Would Reauthorize and Increase National Park Foundation Funding
This week the House Natural Resources Subcommittee on National Parks, Forests, and Public Lands held a legislative hearing to consider several bills including the National Park Foundation Reauthorization Act of 2022 (H.R. 7693, S. 4168). This bill, led by Rep. Bruce Westerman (R-AR) and Rep. Raul Grijalva (D-AR) in the House and Sen. Rob Portman (R-OH) and Sen. Angus King (I-ME) in the Senate, would reauthorize the National Park Foundation through 2030 and increase the annual authorization from $5 million to $15 million. The President and CEO of the National Park Foundation, William Shafroth, testified at the hearing in support of the legislation.

The National Park Foundation leverages federal support with private donations and is required to receive a dollar for dollar match. These funds are used to support projects and programs across the National Park Service including service corps, wildlife conservation, and historic preservation projects. This included supporting historic preservation and restoration projects, like the restoration of the Carter G. Woodson Home National Historic Site in Washington, D.C.

Increased federal funding for the National Park Foundation will increase the potential impact of private donations. Learn more about this important legislation.
Nominations Being Accepted for ACHP/HUD's Award for Excellence in Historic Preservation
The Advisory Council for Historic Preservation (ACHP) and the Department of Housing and Urban Development (HUD) are currently accepting nominations for the 2022-2023 Award for Excellence in Historic Preservation. The joint award between ACHP and HUD honors historic preservation efforts with affordable housing and community revitalization successes. The award recognizes developers, organizations, and agencies for their success in advancing the goals of historic preservation while providing affordable housing and/or expanded economic opportunities for low and moderate-income families and individuals. 

In 2021, the award recognized the Milwaukee Soldier's Home in Milwaukee, WI, which repurposed several historic buildings built as a home for disabled soldiers after the Civil War into veterans' housing. Now the Milwaukee Soldier's home includes 101 units of housing as well as support services for veterans and their families at risk of homelessness.

Nominations for the 2022-2023 cycle are bring accepted through August 15, 2022. For more information on nomination requirements and how to apply, check out the link below.
National News
Stories From Around the States
Preservation Action is the only national non-profit dedicated exclusively to lobbying for the best preservation policies at the federal level. We seek to make historic preservation a national priority by advocating to all branches of government through a grassroots constituency empowered with information and training.