What the National Register DOES
- PROVIDES recognition of a property's significance in history, architecture, archaeology or engineering.
- PROVIDES a moral obligation, although not a legal one, to preserve the property.
- PROVIDES limited protection when a property is endangered by a federally funded or licensed action. The following web site provides more information about this process: http://www.achp.gov/usersguide.html.
- PROVIDES the owner of income producing property (commercial or rental residential) the opportunity to receive Investment Tax Credit for "Certified Rehabilitation."
- PROVIDES the owner of a private residence with the opportunity to apply for a Louisiana Homeowners Tax Credit on state taxes, if a rehabilitation is certified.
- PROVIDES the owner the opportunity to apply for the Louisiana Department of Economic Development's Restoration Tax Abatement Program.
- PROVIDES the owner the opportunity to apply for matching grants-in-aid for restoration/rehabilitation (when funding is available).
What the National Register DOES NOT do
- DOES NOT restrict the use of the property. (For example, an owner can continue to live in a listed house, convert a listed property to another use, continue to farm ground where a listed archaeological site may be located, conduct new construction on the site, etc.)
- DOES NOT restrict the sale of a property; unless under the jurisdiction of a federal agency.
- DOES NOT require continued maintenance of private property.
- DOES NOT require that any specific guidelines be followed in a rehabilitation (unless the owner is using federal funds or receiving the Investment and/or Homeowners' tax credit). (For example, the owner of a listed property may paint his building any color he chooses.)
- DOES NOT require the owner to give tours of the property or open it to the public.
- DOES NOT guarantee funds for restoration.
- DOES NOT require or guarantee perpetual maintenance of the property.
- DOES NOT provide a National Register plaque or a state historic marker for the property (although property owners are eligible to acquire such markers at their own expense).