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Thursday, July 05, 2007

"State offers tax credit on historic renovations" The Columbus Dispatch

Link: State offers tax credit on historic renovations.
First 100 qualified applicants to get 25 percent credit
By Bryan Wroten
THE COLUMBUS DISPATCH
July 3, 2007

About 50 people who lined up with tents and sleeping bags at the Ohio Historical Center over the weekend weren't waiting for an iPhone.

They were attorneys, developers, property owners and preservation consultants hoping for a jump on a 25 percent tax credit on renovation projects. At 8 a.m. yesterday, the state began taking applications for the Historic Preservation Tax Credit Program. The first 100 applicants to meet the requirements will get the credits...

Why'd I post this?

One of my current skunk-works projects is to gather all of the available programs for receiving credits and or financing in the various neighborhoods for both historical renovations and community/neighborhood revitalization.

There are so many programs out there but they come from different, often unrelated, sources.

In order to accelerate and strengthen any community's foothold on efforts to revitalize, it must become easier and more efficient for people to learn about various financial opportunities and incentives that are available in the various neighborhoods.

Obviously this is no small chore but if you could imagine seeing a section under our "urban neighborhoods" pages for each neighborhood and the opportunities that are available, then we would have a tool that could further promote community revitalization by making access and information much more readily available.

As usual, no shortage on ideas...it's the execution of them where rubber needs to find its way to the road :)

Posted by Paul Bonneville on July 5, 2007 | Permalink

Comments

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That's a tall order, Paul. There are lots of programs out there, each with a bit of a different twist. You might want to look to see if some other organization has already done this. If not, I can help with a number of them, since my company uses several of them. Let me know.

Posted by: George | Jul 6, 2007 7:31:06 AM

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