Tuesday, October 8, 13
Preservationists Total Membership
1,000,000
750,000
500,000
250,000
0
Preservation
Nature Conservancy Alone
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Preservation History
“God help me I sometimes cannot stomach it when I see with what negligence, or to put it more crudely, by what avarice they allow the ruin of things because of their great nobility the barbarians, the raging enemy have spared; or those which all-conquering, all ruining time might easily have allowed to stand forever.� -- Leon Battista Alberti, 15th century
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Sidney Lanier Cottage
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
The basics
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Minority 2012 US Population White
Non-white
2012 National Park Attendance White
Non-white
20%
54%
46%
80%
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Other options Mount an advocacy campaign Change local laws or zoning to affect the property Donations & Bargain sales Acquire a real estate option Acquire an easement or deed covenant Provide technical assistance and use incentive programs
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Donations & Bargain Sales
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Partnerships
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Easements & Covenants • When you sell a property, you
don’t have to sell the whole property • Maybe you have a farm and only want to sell the barn and 100 acres and keep 5 acres and the farmhouse • Covenants and easements are the same: you keep some property rights when you sell or some property rights are donated to you You can keep or have any property right donated • • Examples: The right to maintain the property in and out, the right to tear down a property the right to use the property for certain purposes, the right to restore the property, the right to sell the property to someone else P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Easements We keep and monitor about 130 easements and covenants
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Incentives for homes 25%-30% state tax credit ($100,000 max) Georgia’s state income tax rate is 6%. A household with $50,000 in income pays about $3,000 in state income tax each year. Historic Macon Foundation’s houses come with $30,000 in tax credits, meaning buyers with $50,000 in income would not pay taxes for ten years. 8.5 year property tax freeze at prerehabilitation value Homes in Macon are charged property tax every year. For a $135,000 home, that tax is nearly $2,260 a year ($188/month). Historic Macon homes have values that are frozen, decreasing your property taxes drastically. P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Assistance with incentives
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Neighborhood Revitalization
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Economic Impact Taxes $8,000 value = $122 taxes/ year $350,000 value = $4,256
Jobs $350,000 Rehabilitation Costs $1,000,000 produces 18.1 jobs, or .0000181 jobs per dollar $350,000 x .000181 = 6.33 jobs P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Preservation Priorities 1. Belonged to “important� dead white guy
2. Provides economic benefit for entire community
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Context
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Suburbs
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Economic Integration
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Obsolete housing demolished
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Beall’s Hill
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Real Estate Changes • Demographic changes in the U.S. will require a vast increase in urban housing options • Between 2010 and 2030, four in five new homes needed to accommodate household growth will be for households without children • To meet the emerging demand for the new urbanity, roughly 44.5 million new attached and small-lot detached units will need to be built between 2007 and 2020 • Up to 27 million large-lot units may be surplussed by 2020 • Most buyers would be willing to accept a home with smaller square footage for one with a higher level of finish NEW URBANITY: THE RISE OF A NEW AMERICA, By ARTHUR C. NELSON, The Annals of The American Academy of Political and Social Science November, 2009 626 Annals 192
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
REALTORS Even the National Association of REALTORS says:
•“Two-thirds of Americans now see being within easy walking distance of places in their community as an important factor in deciding where to live”
•“The coming demographic convergence will push
construction inward, accelerating the rehabilitation of cities...”
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Households with Children Single person households
Households without Children
13%
48% 39%
U.S. Household Distribution in 1960 Tuesday, October 8, 13
Households with Children Single person households
Households without Children
27%
28%
45%
U.S. Household Distribution in 2030 (projected) Tuesday, October 8, 13
60
45
1960 2000
30
2030
15
Suburban 0
Households with Children
Tuesday, October 8, 13
Urban Small-lot Households without Children
Urban Loft Single Person Households
Walkability
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Second Sunday
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Mercer Village
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
CASE STUDY Purchase a home with tax credits in place
Tuesday, October 8, 13
Homes
Tuesday, October 8, 13
Historic home
Any other home
House Price
$135,000
$135,000
Down Payment
$4,725
$4,725
You Get a Raise!
$2,700/year
$0
Reduced Property Tax
$205
$2,260
Total Savings
$44,480
$0
Total Monthly Cost
$500
$1,160
Down Payment Assistance The City of Macon offers down payment assistance up to $25,000 for people of low to moderate incomes Mercer University offers $20,000 to all employees for down payments Georgia Dream can offer $5,000 to $7,500 to help with down payment and closing costs
Tuesday, October 8, 13
980 Maple St.- Before
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
980 Maple St.- After
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
972 Maple St.- Before
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
972 Maple St.- After
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
1295 Ross St.- Before
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
1295 Ross St.- After
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Interior- Before
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Interior- After
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Interior- Before
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Interior- After
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Tuesday, October 8, 13
Sales prices Average sales price
$110.00
$102.50
$95.00
$87.50
$80.00
2008
2009
2010
2011
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
2012
Days on Market Days on Market
150
113
75
38
0
Historic Macon
National Average
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Revitalization Partners
!
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Economic Development
$1,715,000 Historic Macon
$1,333,000
$1,254,000
Hills and Heights Partnership
Private
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
Economic Development
$47,000/ year
$115,000
Property Tax
Sales Tax P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13
64 Jobs Jobs
Josh Rogers, Executive Director jrogers@historicmacon.org phone 478-742-5084 • fax 478-742-2008 email info@historicmacon.org • site www.historicmacon.org
Tuesday, October 8, 13
Suburbs
P.O. Box 13358 Macon, GA 31208 Ph: 478.742.5084 Fax:478.742.2008 www.historicmacon.org
Tuesday, October 8, 13