Posts in Public Policy
Annual Report on the Economic Impact of the Federal Historic Tax Credits for Fiscal Year 2021

We know that Historic Tax Credits are a crucial tool for preserving and rehabilitating historic buildings — which is why it is so important that we have hard numbers that prove just how immense the impact is. The National Park Service’s Annual Report detailing the economic impact of the Federal Historic Tax Credit is an invaluable resource as preservation advocates continue to promote the importance of maintaining and enhancing Historic Tax Credits.

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PastForward (Virtual) Congressional Visits

During the recent PastForward virtual conference, the League was pleased to again lead New York’s team of advocates as we met with key members of our state’s Congressional delegation to share our enthusiasm for preservation. Although the timing of the conference – just days before the midterm elections, November 1-4 – was challenging, we held a series of productive meetings in which we thanked representatives and their staffers for their support, updated them on federal preservation issues, and requested their support for our current priorities.

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Working on a Tax Credit Project? Invite Your Representative to See It!

Members of Congress are generally in their home districts in October, so now is a great time to contact your Representative to invite them to tour a local Historic Tax Credit project! Visits to rehabilitated historic buildings – or projects in progress – are great opportunities for you to educate legislators about the benefits of historic preservation in your community. Congresspeople welcome the chance to visit exciting projects in their own hometowns and connect with constituents who are doing great work. They can see for themselves how rehabilitated historic buildings contribute to the vitality and vibrancy of local communities, and you can boost your connections with your lawmakers and their staff.

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From Troy to Buffalo Celebrating Historic Tax Credit Improvements

To celebrate improvements to the state historic tax credit for small projects, the League joined Assemblymembers Carrie Woerner, John McDonald, and Patricia Fahy for a press conference in Troy in May, and with Senator Timothy Kennedy for another in Buffalo in August. Redburn Development Principal Tom Rossi and Troy Mayor Patrick Madden were on hand in Troy and Preservation Buffalo Niagara Executive Director Jessie Fisher and Preservation Studios Principal Mike Puma joined in Buffalo.

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Celebrating the Recent Passage of the Historic Barn Rehabilitation Tax Credit Bill

“The Preservation League of NYS applauds the NYS Senate and Assembly for the passage of the Historic Barn Rehabilitation Tax Credit bill this session,” said Preservation League President Jay DiLorenzo. “Our Technical Services team fields questions about barn rehabilitation more often than for any other building type. This tax credit provides much-needed resource for owners of historic barns to preserve these important buildings that provide a physical link to our state’s agricultural past. The League thanks Senator Hinchey and Assemblymember Barrett for their leadership on this issue.”

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Assemblymembers Woerner, McDonald, and Fahy Host Press Conference Celebrating Historic Tax Credit Improvements

On Friday, May 7, League President Jay DiLorenzo joined with Assemblymembers Carrie Woerner, John T. McDonald III, and Patricia Fahy to celebrate improvements to the state commercial historic tax credit in the 2021-2022 NYS budget. The press conference was held at the Collar Factory Lofts in Troy, a historic factory turned into loft apartments by Redburn Development — with the help of historic tax credits. Redburn Development Principal Tom Rossi and Troy Mayor Patrick Madden were also on hand to share remarks, mentioning to positive effect the increased credit is sure to have on Troy and other cities like it across the state.

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2021 NYS Virtual Preservation Advocacy Day

While we wish we could have joined our supporters in person to attend meetings in the Capitol and Legislative Office Building in downtown Albany, we successfully transformed our advocacy to a virtual Zoom event. Our attendees included familiar faces as well as some new advocates from across New York State who were eager to convey to legislative leadership the importance of preservation in their communities.

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