Attention all hotel owners: Did you know that federal tax credits can be used as a financing source for a substantial rehabilitation of a hotel?
Through the Internal Revenue Code Section 47, the federal government offers lucrative rehabilitation tax credits to encourage preservation and adaptive reuse of historic and pre-1936 buildings.
Enthusiasm is high, and the 40 percent increase in rehabilitations since 1992 is certainly noteworthy.
New Hampshire rehabilitated 1,150 people in 1993, 1,217 in 1994, 1,275 in 1995, and 1,401 in 1996; this represents an increase of 27 percent in the number of rehabilitations since 1992.
This increased morbidity has resulted in an increased need for access to specialized rehabilitation
(DeJong & Batavia, 1989).
Each year, the state-federal rehabilitation
system supports vocational rehabilitation
(VR) services for hundreds of thousands of individuals with disabilities.
Fortunately, developers of historic rehabilitations
can find expert assistance with the tax credit syndication process.
The research reported in this article was supported by grant number H133C90067 from the National Institute on Disability and Rehabilitation
Research to Research Associates of Syracuse.
When reviewing services in general, rather than rehabilitations
alone, it is clear that in a single recent year only 1,633 persons with cancer progressed through the VR system even as far as the planning stage (U.S.
projects cover the spectrum of possible uses, such as the rehab conversion of a vacant warehouse into spacious rental residential lofts, the restoration of a historic hotel to its original grandeur coupled with all the conveniences of contemporary culture, or the upgrade of an office building to luxury Class A office or apartment space.
A bachelor's degree in rehabilitation
provides the foundation for a myriad of careers within the broad spectrum of human services.
To achieve and maintain community employment among people with severe mental illness rehabilitation
technology has undergone significant development in the past two decades.