The National Park Service issued its FY 2017 annual report on the federal historic tax incentives program. Commonly known as the Historic Tax Credit, the program provides a 20 percent federal tax credit for rehabilitation of historic buildings for business or income-producing uses. According to the report, FY 2017 saw more than $5.8 billion in private investment in historic preservation and community revitalization due to the Historic Tax Credit and the creation of almost 107,000 jobs.    

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