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20. <br /> 1 and state planning process as sites placed on the Register. The listing of a historic <br /> 2 or archaeological property on the National Register does not obligate or restrict a <br /> 3 private owner in any way un/ess the owner seeks a federal benefit such as a grant <br /> 4 or tax credit. <br /> 5 <br /> 6 Owners of private, National Register properties are eligible for a 20 percent federal <br /> 7 investment tax credit for the cost of a certified rehabilitation of an income-producing <br /> 8 building. (Bed & Breakfast establishments and residential buildings that are rented <br /> 9 out are considered income-producing properties.) The owner of an income- <br /> 10 producing property may also qualify for a 20 percent state rehabilitation tax credit. <br /> 11 The owner of a non-income-producing historic structure—the owner's personal <br /> 12 residence--may apply for a 30 percent state rehabilitation tax credit; there is no <br /> 13 equivalent federal credit for non-income-producing properties. "Certified <br /> 14 rehabilitation" means that the proposed work adheres to the Secretary of the <br /> 15 Interior's Standards for Rehabilitation and has been approved by the SHPO. (The <br /> 16 Secretary of the Interior's Standards for Rehabilitation are included in Appendix D. <br /> 17 Contact numbers for the SHPO are included in Appendix F.) To ensure that a <br /> 18 project meets the definition of a certified rehabilitation, one should contact the <br /> 19 SHPO early in the planning process. Orange County historic preservation staff can <br /> 2o provide confact information and facilitate in this process. <br /> 21 <br /> 22 While the two programs are distinct from one another, it is possible for historic <br /> 23 properties to be listed in the National Register and in a local historic district or as an <br /> 24 individual local landmark. In fact, many local historic districts, particularly in <br /> 25 downtowns, were originally listed in the National Register and were later designated <br /> 26 as a local district once a local program was established. National Register <br /> 27 nominations can also serve as the basis for a local designation Research Report. <br /> 2s Locally designated landmarks and properties located within local historic districts <br /> 29 are not eligible for federal or state rehabilitation tax credits unless the landmark or <br /> 3o district is also listed on the National Register of Historic Places. An owner of a <br /> 31 property that is both locally designated and listed in the National Register <br /> 32 who is seeking federal or state investment tax credits for rehabilitation must <br /> 33 acquire a local Certificate of Appropriateness and federal or state tau <br /> 34 certification through separate applications. Approval for one does not imply <br /> 35 or guarantee approval for the other, though in most cases local design review <br /> 36 guidelines and federal rehabilitation standards are in concurrence and are <br /> 3� mutually reinforcing. <br /> 38 <br /> 9/28/2010 Draft Orange County Design Standards �2 <br />