How much more does the sec. of the interior's historic design standards cost than conventional rehab? Are their grants (not loans!) available?
The situation is that I am in the program design phase of creating a acquistion, rehab, and affordable housing re-sale program in a soon to be listed historic district. It would be advantageous to be able to designate the building historic. . . but I don't know if it's worth the trouble. By boss thinks it will slow down the process, increase the costs, etc. . .however I believe that it will also attract more people to an area with very low home ownership and perceived 'ills'.