Over a hundred homeowners in Nob Hill have claimed New Mexico tax credits for qualifying, pre-approved work like roofing, new heating and cooling, new electrical service, new water and sewer pipes under the house and to the street, restoring wood floors, and purchasing a NM Register plaque. The credits cover 50% of qualifying costs and are applied directly against New Mexico income tax. You get up to five years to use them.

For several years Nob Hill Neighborhood Association has provided a Spring workshop to help you get started. We’re moving that workshop to Fall so you can plan your projects and get your paperwork approved by the NM Historic Preservation Division during Winter and start your work in the Spring.

We plan our Fall workshop on November 1. Come at noon to enjoy snacks and social time. At 12:30 your Historic Preservation Team will talk about what kinds of work qualify and show you how to apply for the credits for renovating your historic house. We thank Monte Vista Christian Church, 3501 Campus Blvd NE, for generously sharing their Bethany Hall.

Some costs like window replacement, additions, landscaping, maintenance, and demolition are not generally eligible. Work must be approved before it is started. This can take a couple months. Early consultation with coordinator Matt Saionz is critical. He can advise if your house is eligible and what work will qualify. Reach him at (505) 827-4040 or matt.saionz@dca.nm.gov

NEWS FLASH…. On June 6 NM Historic Preservation Division listed Nob Hill’s University Heights as a historic district in the NM Register of Cultural Places making many there eligible for the tax credits. It joins the 1926 Monte Vista and College View, 1925 Granada Heights, and 1945 Broadmoor Addition Historic Districts in Nob Hill. See if your house qualifies at NobHill-NM.com, Neighborhood History tab. We are grateful to Steven Moffson of NM Historic Preservation Division who did the heavy lifting on this listing.

Find details at http://www.nmhistoricpreservation.org/programs/tax-credits.html