Last week, the Legacy Cities Partnership supported grassroots efforts to protect the Federal Historic Tax Credit during the Preservation Action Network’s Advocacy Week in Washington, D.C.
As the federal administration continues its attack on the health, safety and security of millions of Americans, we commit to helping protect invaluable programs that help stabilize and revitalize neighborhoods, recognizing that legacy city communities will be some of the hardest hit by massive budget cuts and impending tax reform.
The Federal HTC has been an effective tool for neighborhood revitalization in many legacy cities, as it incentivizes private investment in the rehabilitation of older, historic buildings and returns vacant and underutilized buildings to the tax rolls. Preservation can also provide a much-needed platform for public discourse and collective activity around equitable approaches to affordability and the preservation of cultural heritage. Learn more about the Federal Historic Tax Credit in action in Ohio, Pennsylvania, and Illinois on the advocacy briefs below, and check out our work with the Preservation Rightsizing Network to learn more about the legacy cities approach to preservation in legacy cities.