Archive for July 9, 2012

Historic Tax Credit Workshops in Irvington, July 16-18

Bona Thompson Memorial Center

Bona Thompson Memorial Center. Photo provided by the historical society and used with written permission.

By Britta Rees
Irvington Historical Society

Preservation Pays: Historic Tax Credit Workshops on July 16-18, 2012, will inform homeowners and businesses of the benefits and tax incentives available to historic districts listed on the National Register for Historic Places.

The event is a series of three free workshops at the Bona Thompson Memorial Center in Irvington (and home of the Irvington Historical Society). Participants may attend one, two, or all three. Many people assume that they will have restrictions placed on their property or their property taxes will increase due to living in a historic district. As a result, historic districts receive a bad reputation. This couldn’t be further from the truth.

The Irvington Historical Society is dedicated to the preservation of the greater Irvington community and Indianapolis. As a way to help encourage historic preservation, the Irvington Historical Society created a three-day tax credit workshop to educate and encourage historic property owners to use tax incentives to make renovations and repairs to preserve their properties. The preservation of properties creates jobs and is one of the nation’s most successful and cost-effective community revitalization programs.

The three-day workshop includes:

  • Monday, July 16, 2012 – Historic Districts, What does that mean? Learn about the distinctions of Local Historic Districts and National Register for Historic Districts
  • Tuesday, July 17, 2012 – 20% Residential Historic Tax Credit for Homeowners. Learn how you can save 20% of construction costs for renovations and rehab projects you need for your home. Qualified Expenses: plumbing, HVAC, electrical and communications
  • Wednesday, July 18, 2012 – 20% Rehabilitation Investment Tax Credit for Income Producing Properties. Learn how income-producing properties can receive a 20% income tax credit and how the Federal Historic Preservation Tax Incentives program encourages private sector investment in the rehabilitation and re-use of historic buildings/

Anyone interested in learning about advantages and cost benefits of living in a historic district in city of Indianapolis is encouraged to attend the workshop. Food and refreshments will be served to attendees.

Preservation Pays: Historic Tax Credit Workshop

Monday, July 16, 6 -7:30 p.m. – Historic Districts
Tuesday, July 17, 6-7:30 p.m. – Residential Tax Incentive
Wednesday, July 18, 6-7:30 p.m. – Rehabilitation Investment Tax Incentive

Bona Thompson Memorial Center, 5350 East University Avenue, Indianapolis, 46219

Free, but we’d appreciate your RSVP at

Sponsored by Irvington Historical Society

For more information on the Preservation Pays: Historic Tax Credit Workshop, visit the Web site for the workshop,, or contact Britta Rees, Graduate Intern for the Irvington Historical Society, at 765-438-3737.

Irvington Historical Society is a private nonprofit organization. The Society’s main mission is to promote and further the artistic traditions, heritage legacy, and artists, past and present, of the great Irvington and Central Indiana community. The Irvington Historical Society has been honored by national and local groups for their efforts, including Save America’s Treasures (1999), Neighborhood Preservation Awards (1996 and 2003), from Indiana Landmarks Foundation, and the Fadely Award (Indianapolis – Marion County Historical Society). For more information on Irvington Historical Society, call 317-353-2662, or visit