
Kronberg Wall HQ in Reynoldstown, Atlanta, completed in 2015. We were able to renovate the historic Bearden Temple AME Church with the help of state and federal tax credits.
We’ve been working on multiple projects lately that are dependent on Historic Renovation Tax Credits (HTC) to help cover the increased cost of historically compatible renovations. Currently, there is a federal tax credit, and Georgia is one of the states that also offers a state tax credit. Combining state and federal credits becomes a powerful financial tool to help make difficult projects possible. Through our experience with HTC’s over the years – and some recent changes – we’ve developed some thoughts on how the system could be adjusted to work for projects that have different scales and available resources.