Tax Credits & Financing
Many non-profits often fundraise for capital campaigns without the knowledge base or experience in historic tax credits. Working with tax credit investors, Principal Daniel Ronan works with arts, culture, and heritage institutions to secure tax credit equity through federal and state historic tax credit programs and the New Markets tax credit program, helping clients bring up to 40% in additional investment to a capital project campaign - which can mean anywhere from $100,000 to millions of dollars for your project.
Typical Client: An arts, culture, or heritage institution planning or currently undergoing a capital campaign and/or capital project that would like to explore tax credits for its fundraising strategy.
Professional Fee: Billed as a "per-project" based fee, or an arrangement made with the client.
With funding from the Society of Architectural Historians Pacific Northwest Chapter, Resilient Heritage produced the following report to help guide the conversation of historic theater rehabilitation in Washington state.
To assist the Austin History Center Association in leveraging tax credits for its two historic city-owned and operated buildings, Resilient Heritage produced the following report with case studies and guidance on how to use tax credits.
As a graduate student at the University of Texas LBJ School of Public Affairs, Principal Daniel Ronan authored The CCFB, the Chicago Cultural Facilities Bond proposal, in partnership with colleague Sarah Batson. Together with community jurisdictions, Resilient Heritage offers bond prospecting and market analysis.