Trust for Architectural Easements Hosts Orange Seminar on Financial Incentives for Preservation

March 2, 2010 - PRLog -- Orange, CA -- The Trust for Architectural Easements protects more than 800 historic properties in California, New York, New Jersey, Massachusetts, Maryland, Virginia, Illinois, and California. On Thursday, March 11th at 6:30 p.m., the Trust will host a seminar on the financial incentives for historic preservation.

Dan Reardon, a representative of the Trust for Architectural Easements and expert on preservation easements, will explain how protecting a historic structure benefits the community and can also result in a federal income tax deduction. The Federal Historic Preservation Tax Incentive Program gives historic-property owners who agree to preserve the exterior of their properties a financial incentive for their historic preservation efforts. To be eligible, the property must be individually listed in the National Register of Historic Places or the property must be in a registered historic district that is listed in the National Register of Historic Places, and certified as contributing to the historic district by the National Park Service. More than 1,000 historic properties in Orange, California qualify.  

Matt Dillhoefer, a historic preservation consultant and native of Pasadena, and Lambert Giessinger, a historic preservation architect for the City of Los Angeles’ Department of City Planning, will explain the Mill’s Act Historic Property Contract Program. The Program allows qualifying owners to receive a potential property tax reduction and use the savings to rehabilitate, restore and maintain their buildings. Enacted in 1972, the Mill’s Act is the most successful economic incentive program in California for the restoration and preservation of historic buildings by historic property owners.

Dan Ryan, historic preservation planner for the City of Orange, will moderate the discussion and present a short history of Orange.

Financial Incentives for Historic Preservation
Thursday, March 11, 2010
6:30 to 8:30 p.m.
First Presbyterian Church of Orange
191 North Orange Street
To RSVP: 888-831-2107 or easements@architecturaltrust.org

The Trust for Architectural Easements is a leading force in the preservation of architectural heritage in the United States. To RSVP for the seminar or learn more about the Trust’s local preservation efforts, the Federal Historic Preservation Tax Incentive Program and the donation process, contact the Trust at 1-888-831-2107 or visit www.architecturaltrust.org.

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The Trust for Architectural Easements is one of the nation’s largest non-profit organizations dedicated to voluntary preservation through easement donations. The Trust protects more than 800 historic buildings across the United States.