Land Use & Zoning
A 'historic preservation tax credit' in Georgia provides incentives for:
AA. Demolishing old buildings to make way for new development
BB. Rehabilitating certified historic structures meeting specific standards✓ Correct
CC. Purchasing historic properties for investment purposes
DD. Paying property taxes on historic sites
Explanation
Georgia offers state historic rehabilitation tax credits alongside federal tax credits for the qualified rehabilitation of certified historic structures. These credits incentivize preserving Georgia's historic built environment.
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