Selected Resources for Owners of Historic Homes In
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SELECTED RESOURCES FOR OWNERS OF HISTORIC HOMES IN NEW YORK STATE PRESERVATION LEAGUE OF NEW YORK STATE . 44 CENTRAL AVENUE, ALBANY, NY 12206 518-462-5658 . 518-462-5684 (FAX) . [email protected] . www.preservenys.org available through the USDA Rural Housing Service: FUNDING www.rurdev.usda.gov/rhs/. Grants and Loans There are few sources of financial assistance for Tax Incentives homeowners rehabilitating historic homes. Most grant Federal tax incentives are available for rehabilitation programs are directed at not-for-profit organizations work on National Register-listed, income-producing or municipalities, and few offer capital funding. In buildings, including rental units. You can read about some cases, however, a municipal government or local such programs at www.cr.nps.gov/helpyou.htm. organization may administer special tax abatement programs or revolving funds to assist property owners New York State Historic Homeownership with repairs or restoration work. Check with your local: Rehabilitation Credit Program Owner-occupied residential structures listed on the . County, Town or City Planning Department State or National Register of Historic Places qualify . Neighborhood Improvement Corporation for this residential rehabilitation tax credit. The . Neighborhood or Rural Preservation Corporation qualified structure must be located in a census tract at . Housing agency or economic development agency or below 100% State Median Family Income, or in . Landmark or Historic Preservation Commission census tracts defined as “targeted areas” under . Historic Preservation organizations. Section 143(J) of the Internal Revenue Code. Package Loans for purchasing and renovating This program provides a New York State tax credit of a home are available from some banks. Funding is up to $50,000 per structure and 20% of qualified based on the value of the house after the completion rehabilitation expenses. For taxpayers whose of renovations. Rates are based partially on the adjusted gross income does not exceed $60,000 and duration of the work beginning with a 3-month who cannot use the full credit against their tax period. liability, NYS will provide a refund check equal to the difference. A minimum of 5% of planned expenditures Department of Housing and Urban must be on exterior work and the New York State Development (HUD) Federal Housing Historic Preservation Office (SHPO) must approve the Administration (FHA) has a flexible loan program project prior to the start of construction. The program that helps developers, investors, and families at all expires on December 31, 2014. income levels to buy and restore properties in urban and rural historic districts. The program operates LANDMARK STATUS through FHA approved lending institutions, and the To list buildings as local landmarks, ask the municipal loans are insured by FHA. The 203(k) Mortgage clerk whether your community has a preservation Rehabilitation Insurance Program helps ordinance and a preservation commission designating preservationists deal with problems such as appraisal local landmarks and districts. For State and National barriers, the high cost of second mortgages, and Register information, see the National Register prohibitive down payment and closing costs. The information below and then visit the website of the 203(k) is available to potential homeowners before Field Services Bureau of the NYS Office of Parks, restorations are completed. See www.hud.gov/; Recreation and Historic Preservation: www.hud.gov/offices/hsg/sfh/203k/203kmenu.cfm www.nysparks.state.ny.us/shpo or call or follow a link to this site from the National Trust’s 518-237-8643. website: www.nthp.org/historic_homeowner/ rehabilitating/financial.html. Programs, mainly for low-income households, are also Selected Resources for Owners of Historic Homes Page 2 Preservation League of New York State, Technical & Grant Programs TECHNICAL ASSISTANCE historic preservation, building restoration and cultural Original and Old Wood Windows. The resource management in the United States & Canada. Preservation League strongly advocates for the repair 7017 N. Alma Avenue; Portland, OR 97203; and retention of original wood windows including 503-223-4939 those in 20th-century buildings. Claims for energy General information: www.oldhouse.com/newsite/ savings and maintenance-free vinyl windows have not Architectural style guides: www.antique- been validated by evidence. Contact the League for homes.com/style_guide/index.html an information packet and see the following sites: www.cr.nps.gov/hps/tps, The Repair of Historic Wooden Windows, Brief #9 PROPERTY RESEARCH & CARE, www.oldhouseweb.com/ Step-by-step instructions. ARCHITECTURAL HISTORY www.historichomeworks.com Many restoration Caring for Your Historic House, National Park topics including windows. Service/Heritage Preservation, Inc. Harry N. Abrams, www.restorationworksinc.com/whyrestore.ivnu Inc. 1998. Maintenance and guidance on all exterior www.windowrepair.com/ and interior issues. $39.95 (hdcvr); $24.50 (pbk). Heritage Preservation, 1625 K Street, NW, Suite The National Park Service website has an 700, Washington, DC 20006; 202-634-1422. extensive list of resources; a section on “Caring for Discovering the History of Your House and Your your historic building,” briefs on preservation issues, Neighborhood, Betsy J. Green. Santa Monica Press, technical information and publications. See 2002. Research resources, guidelines and stumbling www.cr.nps.gov/architecture.htm, blocks in the process of documenting buildings and www2.cr.nps.gov/tps/index.htm or www.nps.gov. land ownership. $14.95; ISBN: 1891661248 http://www.cr.nps.gov/buildings.htm Dover Publications, including a catalogue of See also the National Register of Historic Places for architecture books : www.doverpublications.com information about the process of researching and analyzing historic structures and issues regarding House Histories: A Guide to Tracing the Genealogy of landmark and historic district designations: Your Home, by Sally Light, Golden Hill Press, 1989. www.cr.nps.gov/nr/, or National Register Reference A guide to analyzing a building and the archival Desk at 202-354-1496. research process. $14.95; ISBN: 0961487615. Secretary of Interior's Standards for Rehabilitation. A Field Guide to American Houses, Virginia and Lee Detailed guidelines on the accepted practices for McAlester. Knopf, 1984. A thorough look at houses various approaches to preservation work, see from Native to the 1940s. Photographs and line www.cr.nps.gov/local-law/arch_stnds_0.htm. drawings show “high style” and vernacular examples. Knopf, (hdcvr), $40.00, ISBN 0-394- The Landmark Society of Western New York has 73969-8; Random House (pbk), $24.95, ISBN 0- extensive information and the online publication 394-73969-8. Rehab Rochester, www.landmarksociety.org. American Architecture Since 1780, Marcus Whiffen. John Leeke's Historic Home Workshop MIT Press, 1969. One of the best concise, standard www.historichomeworks.com/hhw/index.htm introductions to architectural styles. $14.95, ISBN 0- National Trust for Historic Preservation has a 262-730979. Two other books by Whiffen include: website section for owners of historic homes: American Architecture from 1607 to 1860, $16.95, www.nthp.org. ISBN 0-262-730-693 and American Architecture The Old House Journal has all types of information From 1860-1976, $16.95, ISBN 0-262-730-707. about preservation issues, restoration, history and American Shelter, An Illustrated Encyclopedia of the products: www.oldhousejournal.com/index.shtml American Home, Lester Walker. The Overlook Press, This Old House: www.thisoldhouse.com/toh/ (Not 1996 (1981). Drawings of styles including floor to be confused with the site “oldhouse.com”) plans. Overlook Press, Lewis Hollow Road, PreservationDirectory.com is an online resource for Woodstock, NY 12498, or Viking Press. $45.00, ISBN 0-879518715; $27.95, 0-8795-14825. PRESERVATION LEAGUE OF NEW YORK STATE ● 44 CENTRAL AVENUE, ALBANY, NEW YORK 12206 518-462-5658 ● 518-462-5684 (fax) ● [email protected] ● www.preservenys.org Selected Resources for Owners of Historic Homes Page 3 Preservation League of New York State, Technical & Grant Programs Building Watcher Series pocket guides from the Historic Saranac Lake Saranac Lake, National Trust for Historic Preservation, Washington, 518-891-0971 www.historicsaranaclake.org D. C. (Available through John Wiley & Sons, Inc.): Hudson River Heritage Rhinebeck, America's Architectural Roots, "Ethnic Groups That 845-876-2474; www.hudsonriverheritage.org Built America," 1986, Dell Upton, ed., $10.95, ISBN 0-471-14349-9. Master Builders, "A Guide to Landmark Society of Western New York Famous American Architects," Diane Maddex, ed., Rochester, 585-546-7029 [email protected]; $10.95, ISBN 0-471-14402-9. What Style Is It?, "A www.landmarksociety.org Guide to American Architecture," John Poppeliers, et Landmark West! New York City, al., 1983, $12.95, ISBN 0-471-14434-7. 212-496-8110 [email protected]; www.preserve.org/lmwest/ Identifying American Architecture: A Pictorial Guide to Styles and Terms, John J. G. Blumenson. W. W. Landmarks Society of Greater Utica Norton & Co., 1990. $13.95, ISBN 0-393306100. (315) 732-7376; www.uticalandmarks.org The Elements of Style: An Encyclopedia of Domestic Market Street Restoration Agency Corning, Architectural Detail, Alan Powers, Stephen Calloway 607-937-5427 [email protected]; & Elizabeth Cromley, eds.; Firefly Books Ltd; $75.00; www.corningrestoration.com/