Congress Introduces New Legislation in Support of Rehabilitating Our Nation's Historic Public Schools
Statement by Tom Cassidy, vice president of government relations and public policy for the National Trust for Historic Preservation
Posted July 19, 2012 | Contact email@example.com or 202-588-6141
Today, Congressman John Carnahan (D-MO) and Michael Turner (R-OH) will introduce bipartisan legislation, the Rehabilitation of Historic Schools Act, that would promote greater public-private investment in the retention and rehabilitation of our nation’s historic public schools. The bill would eliminate a restriction on the types of eligible rehabilitation expenditures allowed under the Federal Historic Rehabilitation Tax Credit. The following is a statement by Tom Cassidy, vice president of government relations and public policy for the National Trust for Historic Preservation:
“The National Trust has long supported preserving historic neighborhood public schools that function as vibrant community centers over the construction of new schools, often located miles away from the school districts they serve. The Rehabilitation of Historic Schools Act would benefit local governments that have struggled to identify solutions for the protection and rehabilitation of older public schools by presenting new opportunities to partner with private developers. Throughout the nation, historic neighborhood schools are facing desertion or demolition as a result of deferred maintenance, consolidation and policies that fail to promote the efficient reuse of our historic resources.
“Since its enactment in 1978, federal historic tax credit has protected 38,000 buildings, generated nearly $100 billion in private investment and generated 2.2 million jobs. This legislation would extend the benefits of the historic tax credit so that historic public schools will continue to function as focal points for community activity, symbols of civic pride, and the preservation of local architectural landmarks.”