Development Projects

CAP works individually and in collaboration with private developers to develop properties of historic significance for contemporary uses. Properties developed by CAP are resold with a historic preservation easement. In some situations, CAP's role is limited to stabilization, in which case the property is resold with a historic preservation easement and a rehabilitation agreement. A rehabilitation agreement requires that a property owner undertake the rehabilitation of a property within a specified time period and according to the Secretary of Interior's Standards for Rehabilitation (1992.)

Sample Historic Preservation Easement


Sample Rehabilitation Agreement

  Capital Area Preservation, Inc.
P.O. Box 28072 Capitol Station
Raleigh, NC 27611-8072
Tel. 919.833.6404
Fax. 919.834.7314
e-mail info@cappresinc.org
©2005 Capital Area Preservation, Inc.
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