Local incentives and historic tax credits can make historic rehabilitation more attractive. The baseline definition of “historic” is typically an age of 50 years or greater. These incentives may require a certain level of preservation of inter

Local incentives and historic tax credits can make historic rehabilitation more attractive. The baseline definition of “historic” is typically an age of 50 years or greater. These incentives may require a certain level of preservation of interior spaces or finishes, in keeping with the building’s character and historic fabric, but do allow for a significant amount of adaptation.