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Historic Tax Credits (HTC) are essential components in the revitalization of historic districts (such as Over the Rhine and Walnut Hills, etc.), and New Republic is the expert on using this tool to make more projects financially feasible.
Revitalizing our urban environment and giving new life to typically under-utilized properties are two of the founding principles of New Republic. Although we have been known to “geek out” over historic detail and character, we strive to design for modern living and working while respecting the historic fabric of a building.
We know how the timing of HTC receipt impacts budget and scheduling of the pro forma. HTC’s are not just a budgetary tool, they are part of the overall development strategy. New Republic can advise on the best course of action and the most strategic use of tax credits for a given project. We also know the process for getting buildings listed on the National Register of Historic Places and Local Landmarks.
As architects and preservation consultants, we eliminate the extra communication between architect, preservation consultant and the State Historic Preservation Office (SHPO). Almost every member of the New Republic staff has a working relationship with at least one Ohio SHPO reviewer. Because we write our own applications, the design concepts and the application narratives are aligned and fully integrated.