26 CAR § 250-101. Purpose

(a) Arkansas’s historic sites and districts provide the state with significant benefits in the areas of: (1) Community and economic development; (2) Tourism; (3) Civic pride; and (4) An overall sense of place for Arkansas. (b) Yet Arkansas continues to experience significant loss of historic structures. (c) Since the overwhelming majority of historic properties are held by private owners, the state has developed this program to encourage these owners to restore and rehabilitate historic structures.