
03/08/2023
By Dana Cohen
Preservation News: Sen. Cardin Introduces Tax Credit to Encourage Revitalization of Distressed Homes Nationwide
North facade of the White House during restoration. Photo from the Historic American Building Survey.
In President Trump’s first Budget Blueprint, historic preservation and the humanities could see a major shift in federal support. We’ve broken down the details to give you a sense for what these changes could mean for preservation.
In the 2018 Budget Blueprint, “America First,” President Trump outlines his federal spending priorities and recommends a number of reductions and eliminations in federal support – many of which could impact how preservation is accomplished.
Historically, the Department of the Interior (DOI), which includes the National Park Service (NPS), has been the cabinet level department responsible for the vast majority of the nation’s preservation policy and funding. The Park Service oversees the Historic Preservation Fund, Historic Tax Credit program, National Heritage Areas, Historic American Building Survey and many more important programs.
The Blueprint proposes a number of significant changes with respect to preservation:
The Department of Housing and Urban Development (HUD), which is responsible for providing access to affordable and decent housing is home to a number of programs that impact the way preservation is carried out around the nation.
The Blueprint proposes a number of significant changes with respect to preservation:
At the Department of the Treasury, the major impact to preservation comes in the elimination of funding for Community Development Financial Institutions Fund grants. This program has assisted with the establishment of revolving loan programs around the nation and has created some of the most successful model efforts in cities like Pittsburgh, Pennsylvania.
At Commerce, the major impact to preservation comes in the elimination of $250 million from coastal research programs that ready communities for rising seas and worsening storms. In Maryland, this could impact efforts to protect Annapolis and other historic communities at the water’s edge from rising seas.
At the Department of Energy, preservationists could lose funding to assist with the weatherization of historic homes as a result of the proposed elimination of the Weatherization Assistance Program.
Perhaps the most profound impacts to preservation and the humanities may be found in the proposals for the nation’s many independent agencies:
In Washington, the old saying is that the “President proposes and the Congress disposes” referring to the power Congress holds over the federal appropriations process. A detailed version of the Trump budget is expected in the spring and would then head to Congress for consideration and markup. Learn more about federal appropriations.
The 2018 Budget Blueprint is far from a final document, but its publication does suggest that preservationists around the nation should be concerned about the future of funding for many mission-critical programs.