New Albany Renewal

New Albany Renewal is intended to serve as a repository for ideas relevant to preserving and restoring historic buildings, cleaning up neighboorhoods, revitalizing downtown, and improving the quality of life in New Albany, Indiana.

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Location: New Albany, Indiana

Wednesday, February 16, 2005

Historic Preservation: An Economic Revitalization Tool

Yesterday's Courier-Journal reported that Gov. Fletcher has included a historic preservation tax credit in his proposed tax plan for Kentucky.


The governor of Maryland was quoted regarding a similar program in Maryland, "the most successful economic and community revitalization tool available in the state today" -- generating $3.31 for every $1 invested."

http://www.courier-journal.com/apps/pbcs.dll/article?AID=/20050215/NEWS0101/502150350/1024

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