Landmark Benefits
In order to receive Landmark benefits, owners must follow the standards
developed by the Department of Interior to preserve and protect the historic integrity of buildings, structures, and landscapes. Landmark communities need to consult with highly qualified professionals.
Landmark status consistently has improved property values because of its importance and rarity in the real estate market. However, preservation standards must be followed in order to maintain the property's high historic integrity.
- Landmark properties' values are further improved because of the Department of Interior's legal commitment to assist Landmark sites in maintaining their historic integrity. This agency conducts periodiconitoring of each site and offer technical assistance to owners of Landmark properties.
- Landmark properties have top funding priority in a Presidential declared disaster.
- Landmark properties have a strong advantage in gaining competitive grants, loans, and financial incentives.
- Landmark properties attract influential partnerships which can benefit the site and thus improve its property value.
- Landmark properties are eligible to place their site plans in a special federal archive.
- Landmark properties are protected by federal law against any adverse effects which can be caused by federally funded projects.
- At the Village Green, the community automatically became eligible for the Mills Act (a property-tax reduction program) which would attract funding for the association and eligible homeowners.
- Most important, owners of National Historic Landmarks have the opportunity to serve as stewards of the nation's most important historic and cultural assets. This participation will benefit current and future generations, both on the national and international levels.
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Benefit Information
