In light of the current public health crisis and keeping safety a priority, the Department of Agriculture hosted the 105th PA Farm Show virtually to celebrate Pennsylvania’s agriculture industry.Continue reading
The Pennsylvania Department of Community and Economic Development (PA DCED) recently announced that it has awarded $5 million in Pennsylvania historic preservation tax credits (PA HPTC) to 22 projects across the commonwealth through the FY 2019-2020 PA HPTC Allocation.
The application period for the next round opens October 1, 2020.Continue reading
The Chinese calendar says 2019 is the Year of the Pig. I’m feeling optimistic and thinking that 2019 might also be the Year of the Pennsylvania Historic Preservation Tax Credit.
After a chaotic winter where one of the federal government’s most successful historic preservation programs over the past 40 years – the Historic Preservation Tax Credit – was almost eliminated during federal tax reform, there is a lot to catch up on relating to both the federal and Pennsylvania historic tax credit programs. Continue reading
This ride wasn’t nearly as fun as a real roller coaster ride, but the fight to keep the historic tax credit alive felt like one with all the ups, downs, twists, and turns. Continue reading
Due to Fiscal Year 2015-2016 budget challenges, the status of Year 3 of Pennsylvania’s Historic Preservation Tax Credit program was up in the air through March 2016. With the enactment of a budget, there was a brief application window with a March 24, 2016 deadline. The shortened budget period did impact the total number of applications to the Department of Community and Economic Development (DCED) as the total decreased from 30 in the second round to 23 applications for the third round.
PHMC quickly reviewed the applications to ensure applicants owned qualified historic buildings and that proposed rehabilitation plans met the Secretary of the Interior’s Standards for Rehabilitation. As the qualified applications far exceed the limited $3 million in available credits, DCED used a fair and balanced selection process based on a first -come, first serve basis with regional distribution to select the first round of projects. Continue reading
During my tenure with Pennsylvania’s Historic Preservation Office, I reviewed numerous legislative drafts for the long-awaited Pennsylvania Historic Preservation Tax Credit program. Early drafts included a historic homeowner component. Later versions proposed grants instead of tax credits. All dozen or so drafts were bypassed in the legislative process until the approval of the Pennsylvania Historic Tax Credit program in the Fiscal Year 2012-13.
After a successful launch of the program in Fiscal Year 2013-14, I was eagerly anticipating the approval of the first historic tax credit project. My money was on a project from Philadelphia or Pittsburgh. These two cities received the most state tax credit allocations and have a long track record for project completion. To my surprise, those two cities will need to take a back to seat to the Flagship City of Erie – our Gem City situated on the sparkling water of Presque Isle Bay and Lake Erie – and the striking rehabilitation of the CF Adams Building by the Erie Insurance Exchange. Continue reading
Since the opening date of the application period on December 1, 2014, I have received many calls and inquiries about the status of Year 2 of Pennsylvania’s Historic Preservation Tax Credit program. By the closure of the application period on February 1, 2015, the Department of Community and Economic Development (DCED) received 30 applications for the second round.
Over a long review period which lasted until mid-April, PHMC reviewed the applications to ensure applicants owned qualified historic buildings and that proposed rehabilitation plans met the Secretary of the Interior’s Standards for Rehabilitation. As the qualified applications far exceed the limited $3 million in available credits, DCED used a fair and balanced selection process based on a first -come, first serve basis with regional distribution to select the first round of projects. Continue reading
UPDATE! The PHMC booth showcasing the Historical Markers Program was selected as the Best Educational Display by the Farm Show judges! Thank you to the Pennsylvania Department of Agriculture and the thousands of Farm Show attendees who visited the booth to learn about Pennsylvania’s rich agricultural heritage.
Make room on your calendars because the Pennsylvania Farm Show, the nation’s largest indoor agricultural exposition, is about to descend upon the historic Farm Show complex in Harrisburg from Saturday January 10 through Saturday January 17, 2015. The 99th Pennsylvania Farm Show includes nearly 6,000 animals, 10,000 competitive exhibits and 300 commercial exhibits. Continue reading
As the calendar flips to another Fiscal Year, I want to take a few minutes to review the first year of Pennsylvania’s Historic Preservation Tax Credit and present the first 15 projects to receive historic tax credits in Pennsylvania. Continue reading