Historic Tax Credit Petition

The North Carolina Metropolitan Mayors Coalition is asking all North Carolinians to sign the petition to restore NC Historic Preservation Tax Credits.

Background: (From the NCMMC)

North Carolina’s historic tax credits create economic opportunity across the state, turning old buildings into new centers of development. Projects using state and federal historic rehabilitation tax credits have brought nearly $1.5 billion in private investment into the state.  The tax credits have helped to transform historic factories, hospitals, farms, houses and storefronts into energetic office spaces, engaging event venues and creative small businesses.

the tax credit expired December 31.  Leaders from across the state have called on the legislature to introduce a bill to bring back the program.

On Monday, January 26, NC Secretary of Cultural Resources Susan Kluttz and Cumberland County legislators will visit the Prince Charles in Fayetteville as well as other NC historic buildings.  This media tour will attempt to persuade the NC General Assembly to reauthorize the Historic Preservation Tax Credits that expired.

Join the petition by clicking below.  Help to improve the quality of life in Fayetteville, North Carolina.

http://www.historictaxcredits.org/

 

 

Published by Angie Hedgepeth

Angie Hedgepeth, Government Affairs Director for the Association, attends all the local meetings each month, as well as NAR and NCAR meetings, and keeps members abreast of the multiple issues being addressed in local, state and national government. She prepares reports on the meetings she attends and they are included in the weekly "Government Affairs Update".