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Story of the Week

 

Banner Day for Historic Preservation

For more than 30 years, the federal historic tax credit has been quietly and effectively transforming historic buildings for new uses. On Monday, February 6, Senator Ben Cardin of Maryland announced plans to introduce an amendment that would increase the amount of the credit from 20 percent to 30 percent for projects under $5 million in qualifying rehab costs, which could greatly increase use of the credit on Main Street.

 

 

 

 

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