Governor to Consider Enhanced Preservation Tax Credit
Support is building across New York State as Governor Paterson will soon consider long-awaited enhancements to the existing but underutilized New York State Rehabilitation Tax Credit programs.
Visit the League’s website for links to
- a video of Buffalo Mayor Byron Brown’s news conference (7/23) calling on the Governor to sign the tax credit legislation; and
- coverage of the Mayor’s news conference in Business First of Buffalo;
- an editorial from the Syracuse Post-Standard titled Sound Investment: Governor should sign bill to help downtowns; and
- an editorial in Schenectady’s Daily Gazette titled Sign Historic Preservation Tax Credit Bill.
As Mayor Brown said, “”This could be a homegrown stimulus package or labor generator.” In other states, similar tax credits have been proven to stretch rehabilitation dollars, improve neighborhoods, preserve historic properties, and draw new investment.
The Preservation League will continue to provide updates to our friends and supporters via email and on our website, but for the most up-to-date information, please consider visiting our Facebook page.