Putting a value on historic preservation, revisited

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I like to revisit posts I have done. Not long ago I wrote about putting a value on historic preservation. Three recent developments bring me back to the subject. First, the Historic Preservation Commission recently approved 39 applications for the county’s historic preservation tax credits. The 39 projects represent nearly $1.5 million in private investment in historic properties in communities across the county. This is a good thing. As discussed in the previous post, money spent on historic preservation projects demonstrates a strong multiplier effect, making investments in historic rehabilitation particularly beneficial for local economics, jobs and businesses. The number of tax credit projects also bears note. The 39 projects represent perhaps a quarter, or less, of the projects … Continue reading