The Pennsylvania State Historic Preservation Office (PA SHPO) is happy to announce the opening of a new Preservation Services ITQ contract for future consulting opportunities with the PA SHPO. We are inviting consultants to pre-qualify and be notified of upcoming bids for the exciting work we do.
Continue readingCategory: Pennsylvania’s Historic Tax Credit (Page 3 of 3)
Tax Credit Roller Coaster Ride
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
Good Things Take Time: The First Pennsylvania Tax Credit Project Comes Online
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
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