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Report on Historic Preservation Tax Incentives and Affordable Housing Impact

This bill requires the Secretary of the Interior to submit a report on the Federal Historic Preservation Tax Incentives program. The report will assess the program's operation, its impact on affordable housing development, and suggest improvements to better serve citizens while preserving historical heritage.
Key points
Mandates a report on the Historic Preservation Tax Incentives program, due within one year of the Act's enactment.
The report must include data on application processing times, approval/denial rates, and common issues faced by users.
Aims to identify ways to remove barriers to affordable housing development, facilitate conversion of non-residential buildings into housing, and improve accessibility for people with disabilities.
The report will also evaluate how the program can support energy efficiency, building safety, and climate risk protection, considering economic factors.
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Introduced
Citizen Poll
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Additional Information
Print number: 119_HR_2448
Sponsor: Rep. Magaziner, Seth [D-RI-2]
Process start date: 2025-03-27