Mills Act in California
The Mills Act is the single most important economic incentive program in California for the restoration and preservation of historic buildings by private property owners. Mills Act participants may realize substantial property tax savings of between 40% and 60% each year for newly improved or purchased older properties.
Enacted in 1972 as an incentive to encourage historic preservation in California, the Mills Act legislation grants participating cities and counties the authority to enter into contract with owners of qualified historic properties to receive property tax relief in exchange for investing in the restoration and maintenance of their historic properties.
To qualify for the Mills Act program, a building must be either individually listed on the National Register of Historic Places, or be a contributing property in a designated local or national historic district. In some municipalities, there are further restrictions related to the significance of the property, for example in Los Angeles, an individual property must be a Historic and Cultural Monument.
- Landmark nomination
- Mills Act application
HCI has made the preservation maze an educational and fulfilling part of our development process.
The assistance received from the professionals at Historic Consultants has streamlined the paperwork process to make historic rehabilitation a more rewarding experience for developers and property owners like ourselves.
‘Thank you’ just isn’t enough to express how eternally grateful I am for the assistance, persistence and professionalism you demonstrated.
I just wanted to let you know that what you did for me cannot compare to anything else anybody has done for me. You worked so hard and never I suspected or felt you got tired. To tell you the truth at one point I got tired of everything. You gave me hope and you made me believe this can happen. I will never forget all what you done for me. I always thought I believed in myself but you helped me to a higher level and I will always remember that.