Historic Tax Credit Projects
The Federal Historic Preservation Tax Incentives program encourages private sector investment in the rehabilitation and re-use of historic buildings. It is one of the nation’s most successful and cost-effective community revitalization programs. Each year approximately 1200 projects are approved. Since 1976 the program has leveraged over $73 billion in private investment to preserve 40,380 historic properties across the country.
Here is a list of projects in Greater Portland since 2008 that have benefited from Federal tax credits:
Mercy Hospital, 144 State Street, Portland, hospital converted to residential and housing, projected completion February 2024
New England Telephone & Telegraph Building, 45 Forest Avenue, Portland, vacant communications exchange/office space turned housing, projected completion 2023
Fidelity Trust Company Building, 465 Congress Building, rehabilitated bank & offices, projected completion December 2023
Woodbury Apartments, 111-113 Franklin Street, Portland, rehabilitated residential, projected completion, September 2023
Cummings-Sturdivant Block, 48-50 Exchange Street, Portland, vacant & housing rehabilitated into retail & housing, projected completion March 2023
Abraham Robinson Block, 115 Middle Street, Portland, rehabilitated retail & hotel, projected completion September 2022
H.H. Hay Building, 594 Congress Street, rehabilitated commercial space, completed May 2022
General Francis Fessenden House, 73 Deering Street, Portland, housing & vacant offices, rehabilitated into housing, completed December 2021
Catherine McAuley High School, 631 Stevens Avenue, Portland, vacant school, converted to commercial space & daycare facility, completed December 2021
St. Dominic’s School, 66 State Street, Portland, community aid/rehab center converted into lodging, completed December 2021
George S. Payson House, 30 Mellen Street, rehabilitated housing, completed October 2021
Thomas B. Reed School, 26 Homestead Ave, Portland, vacant school converted into housing and childcare facility, completed September 2021
399 Fore Street, Portland, rehabilitated housing & commercial space, completed September 2019
395 Fore Street, Portland, rehabilitated housing & commercial space, completed August 2019
Thompson Block, 121 Middle Street, Portland, offices, converted to offices & housing, completed July 2019
Jose Block, 80 Exchange Street, Portland, rehabilitated mixed use commercial, completed December 2018
Southgate Farm, 577 US Route 1, Scarborough, rehabilitated housing, completed December 2018
St. Joseph’s Academy & Convent, Sisters of Mercy Motherhouse, 605 Stevens Avenue, Portland, vacant convent converted into housing, completed October 2018
6 City Center, Portland, rehabilitated retail & office space, completed May 2018
Tracy-Causer Block, 505 Fore Street, Portland, rehabilitated offices, completed March 2018
96 Federal Street, Portland, rehabilitated housing, completed December 2017
Clapp Memorial Building, 443 Congress Street, Portland, offices rehabilitated into offices & housing, completed December 2017
Falmouth High School/Plummer School,1 92 Middle Road, Falmouth, vacant school turned senior housing, completed November 2017
Mellen E. Bolster House, 749 Congress Street, Portland, vacant funeral home converted to hotel, completed September 2017
Schlotterbeck & Foss Factory Building, Preble Street, Portland, industrial & office space converted into housing, completed March 2017
Grand Trunk Office Building, India Street, Portland, rehabilitated office space, completed March 2017
Portland City Hospital, Loring House, 1125 Brighton Avenue, rehabilitated housing, Completed December 2016
30 Exchange Street, Portland, rehabilitated retail & office space, completed November 2016
George S. Hunt Building, 660 Congress Street, Portland, vacant building converted to housing & retail space, completed January 2016
Rosa True School/Park Street School, Park Street, Portland, rehabilitated housing, completed July 2016
Fort McKinley Double Barracks, Great Diamond Island, Portland, vacant barracks converted to hotel, completed September 2015
Augustus Schotterbeck House, 673 Congress Street, Portland, rehabilitated housing, completed December 2015
Butler School, 77 Pine Street, Portland, rehabilitated affordable housing, completed December 2015
Henry M. Payson House, 218 State Street, Portland, rehabilitated affordable housing, completed December 2015
Twitchell-Champlin Co. Building, 254 Commercial Street, Portland, rehabilitated mixed use commercial spaces, completed September 2015
Court Square Building, 85 Market Street, Portland, rehabilitated housing and retail spaces, completed June 2015
Rufus Tibbetts House, 804 Congress Street, Portland, rehabilitated housing, completed June 2015
Press Herald Building now Press Hotel, 390 Congress Street, Portland, vacant office space converted into hotel, completed April 2015
Nathan Clifford School, 180 Falmouth Street, Portland, vacant school converted to housing, completed December 2014
Charles B. Clarke House, 223 Western Promenade, Portland, rehabilitated housing, completed December 2014
Jesse Wilson House, 25 Bramhall Street, Portland, vacant doctor’s office converted to housing, completed July 2014
130-132 Pleasant Street, Portland, rehabilitated housing and office spaces, completed December 2013
Akers Building, 386 Fore Street, Portland, rehabilitated offices & retail, completed May 2011, second phase of project completed March 2013
Shwartz Building, 660-604 Congress Street, Portland, rehabilitated commercial & housing spaces, completed December 2010, second phase completed December 2013
Eastland Park Hotel, 157 High Street, Portland, hotel and apartments, rehabilitated into hotel exclusively, completed December 2013
St. Hyacinth School and Convent, 2 Walker Street, Westbrook, vacant school and convent converted to affordable housing, completed October 2013
Edmund Phinney House, 191 Pine Street, Portland, rehabilitated housing, completed September 2013
Children's Hospital, 68 High Street, Portland, classrooms and offices converted to affordable housing, completed January 2013
Payson-Winslow Block, 48 Deering Street, Portland, rehabilitated offices & housing, completed September 2012
New England Telephone & Telegraph Building, 45 Forest Avenue, Portland, rehabilitated communications exchange, completed June 2012
Engine Co. Number Nine, 17 Arbor Street, Portland, rehabilitated offices, completed December 2011
Baxter Library, 621 Congress Street, Portland, college classes converted into office space, completed September 2010
Safford House, 93 High Street, Portland, rehabilitated offices, completed June 2010
Samuel T. Pickard House, 743 Congress Street, Portland, rehabilitated lodging house, completed February 2010
Chestnut Street Church, Chestnut Street, Portland, vacant church turned restaurant, completed October 2009
Scarborough High School (Bessey School), 272 US Route 1, Scarborough, mixed use building converted to affordable housing, completed January 2009