Tagged as Historic Tax Credit

On January 8, 2018, Senator Bill Ferguson of Baltimore City’s District 46 announced two new pieces of legislation that, if passed, will strengthen this key revitalization and community development tool.

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On Monday, January 8, 2018 at 2PM at the historic I.C. Isaacs & Co. complex, community development and preservation advocates will join with elected officials to celebrate the planned rehabilitation of the former manufacturing facility and to call on state leaders to increase funding for the state Historic Tax Credit program.

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After months of nationwide advocacy focused on saving the Federal Historic Tax Credit, preservationists rejoiced late Friday evening to learn that the credit was retained in the final iteration of the bill.

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As tax reform moves forward and the future of the federal Historic Tax Credit remains uncertain, Donovan Rypkema of PlaceEconomics discusses why preserving historic places makes good economic sense and the value that the credit adds to community revitalization across the country.

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