What a National Register [of Historic Places] listing really means is a 20% federal tax credit for structural investing, along with any state tax incentives, but that's often not enough to make preservation a more appealing option over razing and starting over. [...]
Listing on the National Register certainly gives something of an economic incentive for preservation, as well as a national profile for these sites [...]
However, what historic sites ultimately need is sustainable funding. — Atlas Obscura
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