Adaptive reuse of historic school creates affordable housing
New Ulm, MN
Trellis (formerly Community Housing Development Corporation, CHDC)
Historic tax credit certification, condition assessments, design guidance for historic building redevelopment
90,000 sq. ft., 49 units
Historic tax credits pair with low-income housing tax credits for an award-winning redevelopment project.
The former New Ulm High School was decommissioned by the New Ulm School District in 2007. New owners planned to complete a renovation of the building for multi-family housing, using state and federal historic tax credits as well as low-income housing tax credits (LIHTC). To succeed, the project needed to navigate the unique challenges of utilizing historic tax credits for a multi-owner site and preserving the historic character of the school while meeting requirements for a residential reuse.
New History led the historic tax credit application process and worked with the project team to develop design solutions that met preservation standards, including a solution for reusing the school’s historic library space. In 2021, the completed project received a Minnesota Real Estate Journal Award.