What’s more, the tax credit is an effective economic development tool – providing an incentive to invest in older structures, stabilizing neighborhoods and creating local jobs for skilled workers. The League spent a few days in May traveling the state promoting their use.
On May 17th, we joined Preservation Buffalo Niagara, the Olean Business Development Corporation, and the NYS Historic Preservation Office for workshops on the NYS and Federal Rehabilitation Tax Credits and NYS Historic Homeowner Tax Credit. The Olean Business Development Corporation hosted the workshops. Speakers for both programs included Erin Tobin from the Preservation League, Sloane Bullough and Jennifer Walkowski from State Historic Preservation Office, Christiana Limniatis from Preservation Buffalo Niagara, Jason Yots of Preservation Studios, and Elise Johnson-Schmidt of Johnson–Schmidt Associates Architects.
The Municipal Art Society hosted a series of tax credit workshops on May 23rd, in partnership with the Preservation League, NYS Historic Preservation Office, New York Landmarks Conservancy, and Historic Districts Council. Over 100 property owners attended the programs on the NYS/Federal Rehabilitation Tax Credit and NYS Historic Homeowner Tax Credit. In addition to speakers from the Preservation League and State Historic Preservation Office, Ward Dennis of Higgins Quasebarth & Partners LLC reviewed putting together a Federal Rehabilitation Tax Credit project. Crown Heights homeowners Callie Janoff & Randall Stoltzfus reviewed their Historic Homeowner Tax Credit project.They had also partnered with the New York Landmarks Conservancy’s Historic Properties Fund revolving loan program, described by Conservancy staff Blaire Walsh during the workshop.