As of the end of 2016, the program had been used to rehabilitate 42,293 historic buildings across the country and created more than 2.4 million jobs, the advocacy groups said.
A study by Rutgers University’s Edward J. Bloustein School of Planning and Public Policy commissioned by the National Park Service found that the program has a net benefit to the U.S. Treasury.
For the $25.2 billion in credits allocated during the lifespan of the program, it has produced $29.8 billion in federal tax revenue, according to study.