The Boston Business Journal reports on $16M in tax credits issued in Massachusetts to restore historic buildings. There is a bill working its way through the Rhode Island General Assembly to restore our Historic Tax Credit program.
Developers received nearly $16 million in historic tax credits which developers will use to preserve landmark properties that house everything from mixed-use residential and retail complexes to research and development labs.
The Lewiston-Auburn Sun Journal reports on more young professionals wanting to live in downtown Lewiston, Maine.
Once hard to imagine, more professionals are choosing to live downtown. Since 2009, five buildings have been bought with the intention of turning at least one floor into executive-style living space, according to city records.
“The economics of it makes sense,” Patry said. “(You) don’t have to worry about all the things you associate with a house.”
Citiwire makes the case for the rise of America’s metro regions. Among the eight points outlined showing that America’s metropolitan regions are becoming central to today’s American story is:
Second, there’s “smart growth — regions’ new dollars and sense.” The sprawl development patterns of recent decades now look like disasters, both for developers and buyers. Environmental conservation, compact growth, have become top goals for smart regions.
Read more at Citiwire.
The Public Transit Investment Act is being heard in the House Finance Committee on Wednesday, May 9th at 1:00pm. We need massive turnout to show the public support for RIPTA. Let’s do it. This is what all the rallies, petitions, and resolutions have all been leading up to, and now it’s time to seal the deal.
Read more about the Bill at the Conservation Law Foundation Blog.
Finally, there’s still time to Register for our Power of Place Summit on May 11th. Online Registration closes May 8th. Once you’ve registered, or it you already have, RSVP on Facebook to let you friends know you’re going.