Learn How to Save up to 45% with Historic Tax Credits

October 4, 2023
11:00 am - 12:00 pm
 
Architecture and Design Exchange
325 N. St. Paul Street, Suite 150
Dallas, TX 75201 
 

There is no charge to attend, but an RSVP is required.

Complimentary Valet


 

This panel will focus on the unique advantages that nonprofits and individuals can harness with the Texas Historical Preservation Tax Credit (THPTC). The THPTC program seeks to:

  • Increase property values
  • Help nonprofits create substantial impact funding or the beginning of an endowment
  • Evoke the past in building Texas’ future
  • Foster opportunities for business and tourism while preserving culture and identity
  • Promote a thriving local economy

Historic tax credits are important to protecting and revitalizing communities and providing renovated facilities for culture, commerce, and entertainment. The Texas Legislature created the 25% THPTC in 2013 to increase historic preservation projects across the state. THPTC is based on the Federal Rehabilitation Tax Credit program, which provides a credit for federal income taxes equal to 20% of qualified expenses. Half of all state projects also apply for the federal program, receiving a total of 45% in eligible credits. Any property built before 1973 is eligible.

This panel of experts includes: historical preservation architect, Norman Alston; real estate and development attorney, Phill Geheb; managing director of Stonehenge's Tax Credit Services, Steven LeBlanc; and CEO of Rise360, Heather Stevens. Below you can see a more detailed listing of each panel member. 

                     

            

 

For the past 30 years, Norman Alston Architects has shown the possibilities that are available when important historic buildings and sites are thoughtfully preserved and equipped for modern, productive use. The firm has completed successful, award-winning restorations, renovations, and additions by demonstrating that preservation is economically advantageous, environmentally responsible and culturally invigorating. Our projects are often catalysts for redevelopment of the surrounding community. Successful projects range from important large structures in large urban areas to numerous small projects in rural communities where professional skills in historic preservation are often assumed to be unavailable.

 

 

 

Phill is a real estate and development attorney focusing on public private partnerships and real estate finance, particularly redevelopment projects, corporate relocations and expansions, complex master planned developments, and hospitality projects. Phill has vast experience structuring complex real estate and finance transactions for public and private owners, non profits, and Fortune 500 companies as well as financial institutions, family offices, and other investors. He also is the leading expert in PACE financing in the State of Texas, having successful closed over 100 MM in PACE loans since 2017. Phill regularly presents at state and national conferences on PACE and how it can be effectively utilized to build a successful capital stack for Projects In leading Munsch Hardt’s Public Private Partnership Practice, Phill has represented developers in executing more than 2 B in design build oriented P3 projects in multiple states, more than 1 B in redevelopment projects, and advised numerous companies expanding or relocating to North Texas in developing partnerships with state and local governments. Phill is also well known for partnering with developers and owners of hospitality projects, having closed more than 1 B in hospitality development projects he continues to advise such owners on the unique challenges they are facing during the COVID 19 pandemic. Taking a team oriented approach to tackling projects, Phill aims to help clients facilitate lasting relationships with counterparties In working with Phill, clients appreciate his sophisticated skillset, as well as his creativity and level headedness when working on complex transactions.

Prior to practicing law, Phill was a Teach for America corps member in Philadelphia, PA, where he taught middle school math for two years. Phill was also awarded a prestigious Gates Cambridge Scholarship in 2005 to the University of Cambridge where he studied social capital in socially excluded communities at St John’s College Phill’s commitment to education and poverty issues is evidence in his representation of non profits, having helped close New Markets Tax Credit transactions totaling more than 150 MM for community and educational facilities across North Texas. He continues to advise these non profit boards regarding real estate and other strategic issues. Phill is an active contributor to DFWREimagined and has also spearheaded Munsch Hardt’s COVID Conversations, a series of interviews with thought leaders regarding on responding to the long term effectives of the COVID 19 pandemic.

 

Steven LeBlanc is engaged in Stonehenge's Tax Credit Services business line with a primary focus on the origination, structuring, and underwriting of both state and federal historic tax credit transactions. Steven previously worked with Stonehenge’s Community Development line of business in Columbus, Ohio,where he was responsible for the origination and underwriting of junior capital investments with an emphasis on both state and federal New Markets Tax Credit transactions. Prior to joining Stonehenge, Mr. LeBlanc worked as a senior auditor for Halliburton in Houston, Texas, where he was responsible for providing business advisory services to the company’s global management team. Mr. LeBlanc earned his B.S. in finance from Louisiana State University.

 

 

Heather Stevens is the CEO of Rise360 and brings 18 years of impact assessment, nonprofit organization management, and fundraising strategies. Heather has worked on campaigns focused on mobilizing donors and partners through compelling storytelling and relationship-building. As well as looking at all facuets of a project from the philanthropic to the public sector. Rise360 partners to create social change. Heather collaborates with nonprofits, philanthropists, companies, and innovators in impact. She has a passion for storytelling and finds unique ways to share and match purpose to passion. Heather currently serves on the W.R. Johnson Family Foundation, Novick Foundation, Gifting Brands National Board of Directors (an inventory philanthropy model), a board member of Executive Women of Dallas, and Board of Trustee for Safer Dallas.

 

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