[Neighbors] Tax Credits to Renovate Your Historic House, Workshop this Saturday

[meyster1 at me.com]

Friends and Neighbors,
Over a hundred homeowners in Nob Hill have claimed New Mexico tax credits for qualifying, pre-approved work like reroofing, new heating and cooling, new electrical service, new water and sewer pipes under the house and to the street, restoring wood floors, and purchasing a NM Register plaque. The credits cover 50% of qualifying costs and are applied directly against New Mexico income tax. You get up to five years to use them.
This Saturday, May 17, is our workshop to help you get started. We thank Monte Vista Christian Church, 3501 Campus Blvd NE, for generously sharing their Bethany Hall. Come at noon to enjoy light lunch and social time.
At 12:30 Steven Moffson of NM Historic Preservation Division will discuss progress he is making toward listing University Heights as a historic district in the NM Register of Cultural Places which would make many homeowners there eligible for the tax credits. If listed it will join the 1926 Monte Vista and College View, 1925 Granada Heights, and 1945 Broadmoor Addition Historic Districts in Nob Hill. We just received the attached letter from him about the last steps in the listing process.
At 1pm Matt Saionz of NM Historic Preservation Division will show how you can access the tax credits for renovating your historic house.
Some costs like window replacement, additions, landscaping, maintenance, and demolition are not generally eligible. Work must be approved before it is started. This can take a couple months. Early consultation with coordinator Matt Saionz is critical. He can advise if your house is eligible and what work will qualify. Reach him at (505) 827-4040 or matt.saionz at dca.nm.gov<mailto:matt.saionz at dca.nm.gov>
Find information at http://www.nmhistoricpreservation.org/programs/tax-credits.html
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