Page 84 - Corvallis, OR Historic Preservation Plan

Historic Preservation Plan

Incentives and Benefits

The incentives and benefits component of the preservation program
includes the tools that assist property owners in maintaining historic
structures. Effective preservation programs offer special benefits
to stimulate investment in historic structures, encourage owners to
follow appropriate rehabilitation procedures, and assist those with
limited budgets.

Examples of incentives and benefits that could be provided include:
• Financial assistance: Property tax incentives and federal
income tax credit programs are highly effective and their
continued use should be a priority. Other programs could
complement these incentives and should be featured as well.
• Regulatory relief: Focus on avoiding unintentional obstacles
to preservation in other City regulations, and also provide
added flexibility in other regulations as they apply to historic
resources and conservation areas.
• Technical assistance: Technical assistance is especially
valuable to homeowners and to small commercial properties,
but may also be strongly appreciated by institutional property
owners.

Owners of designated historic structures may be eligible for one or
more of the incentive and benefit programs described on the following
pages.

Preservation Program

Components

Management Incentives &
Administration Identification
Tools Benefits

Advocacy &
Education
Partnerships

78 City of Corvallis