Projects certified through the National Park Service’s Federal Historic Preservation Tax Incentives Program in Fiscal Year 2015 contributed more than $9.4 billion in output in terms of goods and services to the U.S. economy, and added $4.8 billion in gross domestic product, according to an analysis by the Rutgers University Center for Urban Policy Research.
The Federal Historic Preservation Tax Incentives Program is the single-largest Federal program that specifically supports historic preservation. In Fiscal Year 2015, the National Park Service approved $6.63 billion in proposed tax credit-eligible projects and certified another $4.47 billion in completed projects to rehabilitate historic buildings. The 870 completed projects certified by the National Park Service in Fiscal Year 2015 supported 85,058 jobs and provided 8,096 new low- and moderate-income housing units, and 23,569 new or renovated housing units overall.
Read more at the National Park Service website, or download the full report here.