Land Use & Zoning
In Louisiana, a 'Historic Tax Credit' program encourages property owners to rehabilitate historic buildings by providing:
AProperty tax exemptions for all historic properties
BA federal tax credit (20% for income-producing properties) for qualified rehabilitation expenditures on certified historic structures✓ Correct
CFree architectural consulting services
DAn exemption from local zoning requirements
Explanation
The Federal Historic Tax Credit provides a 20% tax credit for certified rehabilitations of income-producing historic buildings. Louisiana also offers a state historic tax credit — making historic rehabilitation economically attractive in cities like New Orleans with significant historic building stock.
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