caption: After rehabilitation, the historic building must be used for an income-producing purpose for at least five years. Owner-occupied residential properties do not qualify for the federal income tax credit.
exif: {"Image DocumentName": "After rehabilitation, the historic building must be used for an income-producing purpose for at least five years. Owner-occupied residential properties do not qualify for the federal income tax credit.", "Image ImageDescription": "Rice Hotel, Houston, 1913 and Rehabilitated as residential rental lofts. The Rice Hotel, one of the most advanced and best known Texas hotels since its opening in 1913, stands on a site occupied from by the first Capitol of the Republic of Texas. Since 1841, the property has been used exclusively for hotels, with the exception of a brief period in 1842 when it was again the site of the Texas Capitol. Built in 1913, nearly demolished in 1970\u2019s. Rehabilitation began in 1997, Completed as residential lofts in Rehab cost =  30 million, New construction cost =  2.1 million, Tax credits = over  4.5 million. 17.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}