What does a National Register Listing do?
The listing of a building, structure, site, object or district in the National Register of Historic Places accords it a certain prestige, which can raise the property owners and community’s awareness and pride. Income-producing (depreciable) properties which are listed in the National Register individually or as part of a historic district may be aided by federal tax incentives which allow for a 20 percent investment tax credit for certified rehabilitation. National Register listing is often a prerequisite for funding applications for restoration work through various private, nonprofit organizations, such as the National Trust for Historic Preservation.