Historic Tax Credits
For more than 36 years, Campo has successfully completed historic adaptive re-use projects. Both our specialized knowledge of historic architecture and our full range of specialized tax incentive services have created equity and secured financing for numerous projects. Completed in 1987, Campo’s first historic tax credit project was the JAX Brewery in New Orleans’ French Quarter.
We work with owners and developers to maximize the power of incentives such as Federal Historic Tax Credits and New Market Tax Credits. We have built trusted relationships with historic landmarks commissions, state historic preservation offices, the National Park Service, tax credit investors, lending institutions for bridge financing, and Community Development Entities (CDEs). Our tax credit services are integrated throughout all disciplines, including Architecture and Interior Design.
Throughout our 36 years of experience in tax credit services, we have successfully orchestrated tax incentives for projects totaling more than $1 billion. We improve the financial bottom line for our clients by deriving free equity for their projects by monetizing State and Federal Historic Tax Credits and New Market Tax Credits. Campo has delivered large-scale historic adaptive re-use projects for the hospitality, multi-family and medical sectors. Our award-winning architectural projects illustrate our commitment to excellence.
Campo provides the following Historic Tax Credit services:
Identify Qualified Rehabilitation Expenses (QREs)
Review of potential Historic Tax Incentives
Assistance in identifying tax credit investors
Preparation of applications for the State Historic Preservation Office (SHPO) and National Park Service (NPS)
Documentation of existing conditions for HTC lender and investor applications
Conduct meetings with local Historic Commission
Coordination of legal and accounting team
Revise applications and project scope per Local, State and Federal Conditions for Approval
Sourcing of Debt
Sourcing of Bridge Loans
New Market Tax Credits
Campo provides the following New Market Tax Credit Services:
Analyze budget restraints
Identify funding sources and uses
Review of contractor construction cost estimate
Develop financial projections
Historic Commission analysis
Analyze requirements from regulatory agencies
Review local zoning requirements