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Historic Tax Credits Update Breakfast Seminar

June 24, 2008 - 7:30AM
to 9:00AM

Clarion Hotel Portland (Formerly the DoubleTree Hotel)
1230 Congress Street
Portland, ME



About the Event:

This event has SOLD OUT.

The Maine Historic Rehabilitation Tax Credit is the focus of MEREDA's
Next Breakfast Seminar - June 24, 2008


In 2006, The Brookings Report, "Charting Maine’s Future", recommended that "Maine should. . . enhance the state’s underutilized state historic preservation tax credit to make it a better tool for encouraging reinvestment and rehab in traditional towns and downtowns."

The Maine Legislature responded this year by significantly expanding the credit to provide a Maine state credit equal to 25 percent of qualified rehabilitation expenditures. Projects that involve a substantial affordable housing component receive a credit at a 30 percent rate. The Federal credit adds an additional 20 percent of qualified rehabilitation expenditures. The combined credits provide a powerful financial resource for the preservation of Maine’s historic buildings and for downtown redevelopment.

Join us on Tuesday, June 24, 2008 from 7:30 - 9:00 AM at the Clarion Hotel (Formerly The DoubleTree Hotel), 1230 Congress Street, Portland, ME as our panelists discuss the Maine Historic Rehabilitation Tax Credit.

Our panel will discuss the legislative process to enact the expanded credit, the requirements and potential uses of the credit as a tool for historic preservation and development, the linkage of the increased credit to affordable housing and the impact that the credit is expected to have on historic preservation in Maine.



News About This Event:

05/14/2008   The Maine Historic Rehabilitation Tax Credit Is Focus Of MEREDA Breakfast Seminar   Release
 
 
Materials Related To This Event:

Historic Tax Credits Update Breakfast Seminar Brochure   Brochure
 
Historic Tax Credits Update Breakfast Seminar Handout   Handout
 
 


 

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