The best way to preserve a building is to have it be in use, which may involve renovation to get it occupiable. When federal Historic Rehabilitation Tax Credits only supply between 15-20% of a project's financing, it is important to understand where the majority of the funding will come from - a loan from a financial institution? How do banks analyze how much to lend? How do banks view risk, especially in regard to historic properties? What motivates bank decision making?

This session will, through discussion and a case, explore how to establish a relationship with a financial institution, understand their perspective particularly on risk and estimate an amount any income producing property can likely borrow.