Thursday, May 15, 2014

Old Money

Photo by Evan Brandt

Seems to me this building in the 200 block of High Street would be a perfect candidate for the program mentioned below.

Blogger's Note: The following was provided by the office of State Rep. Mark Painter (D-146th Dist.)

Individuals and businesses are encouraged to apply for a new state program that offers tax credits to restore historic structures and transform them into income-producing properties, according to state Rep. Mark Painter.

"Preserving historic sites, while also ensuring that they have a continued role to play in our communities, is a noble pursuit that I support, and I am hoping our communities will as well," said Painter, D-Montgomery.

The Pennsylvania Historic Preservation Tax Credit Program, which will be funded through the Pennsylvania Department of Community and Economic Development, is open to any individual, corporation, business trust, limited liability company, limited liability partnership or any other form of legal business entity.

The total tax credit awarded to any qualified taxpayer will not exceed $500,000 in any fiscal year, and the total amount the commonwealth will issue will not exceed $3 million.

"Anyone who thinks they may be eligible is encouraged to apply for this program. I know that these remnants from our past can still serve us well as we head into the future," Painter said.

Painter's office staff is available to help with submitting applications. Beginning May 1, interested parties also can submit applications through the DCED website at

No comments:

Post a Comment