Historic Theatre Financing Fund
Before and after views of the Tennessee Theatre in Knoxville, TennesseeThe Historic Theatre Financing Fund was formed in 2004 by the League of Historic American Theatres and NTCIC. Its purpose is to facilitate the rehabilitation of historic theatres by providing League members greater access to federal tax credit equity and technical assistance. Specifically, League and NTCIC staff help member theatres navigate the requirements of the federal historic tax credit, state historic tax credit and the federal New Markets Tax Credit programs. As many theatres do not have sufficient or existing tax liability to keep the credit for themselves, assistance is also provided in marketing their project to potential tax credit investors.
View a complete version of the League of Historic American Theatre’s guide to theater use of rehabilitation tax credits
Basic qualifications for the Fund’s assistance
In order to qualify for the HTTF’s assistance:
- A theatre must be considered “historic” – meaning that it is listed on the National Register of Historic Places, or is eligible to be listed, or that it is a “contributing” building in a National Register historic district; or
- The theatre must be a non-historic building built before 1936 (its non-historic status must be verified by your State Historic Preservation Officer); and
- The organization in charge of the theatre’s rehabilitation must be a theatre-level member of the League of Historic American Theatres.
- A theatre must be willing to sign an Engagement and Right of First Refusal Agreement with NTCIC.
Review agreement - One or more representatives of the organization in charge of the theatre’s rehabilitation must take part in one of the “Financing Historic Theatre Rehabilitation” training workshops offered several times each year by the League and NTCIC.
Please click here for a schedule of upcoming workshops.