Page 87 - Corvallis, OR Historic Preservation Plan

Historic Preservation Plan

Corvallis Historic Preservation Awards JM

During Preservation Month each May, Corvallis celebrates individuals ■** m*
and groups that demonstrate excellence in and commitment to the
principles of historic preservation. Awards are presented by the
Corvallis Historic Resources Commission and are decided upon by
the HRC. The Benton County Historic Resources Commission and the L-
Corvallis-Benton County Heritage Tree Committee also present awards
at this time. BMBS

Oregon Residential Energy Tax Credits

The Oregon Residential Energy Tax Credit Program provides a credit
on income taxes for making a home more energy efficient and helping
to preserve Oregon’s environment. The state provides a list of energy
efficient products/technologies that are available for a tax credit,
including duct sealing, geothermal space heating/ground-source
heat pumps, wood and pellet stoves, solar electric systems, and wind
energy.

Incentives and Benefits Issues
A list of some of the current issues associated with the incentives and
benefits component of the preservation program are provided. These
issues were identified in interviews and workshops.

• While a variety of incentives are available for historic
preservation projects, there is a lack of incentives from the
local level. The following list includes a variety of incentives
that some communities provide at the local level:
x Property tax incentives
x Incentives for seismic stability
x Incentives for conversions of single-family properties to
multi-family properties
x Incentives that put rehab/conversion projects above
scraping and rebuilding
x Incentives for accessory units
• The City’s funding capability is limited.
• Many existing incentives are insufficient to promote
designation of historic structures.
• Information about incentives available for historic preservation
projects is not readily available. In addition, it is unclear how
incentives can work together.

Final: November 15, 2017 81