PA Tax Credit May Help Save Divine Lorraine & Other Historic Buildings | Philly.com | Amy Worden | 7/11/12

English: , 699 North Broad Street, Philadelphi...

English: , 699 North Broad Street, Philadelphia, Pennsylvania (1892-94), Willis G. Hale, architect. (Photo credit: Wikipedia)

HARRISBURG – After 16 years of on-and-off debate, Pennsylvania will soon offer a new sweetener, 25-percent tax credit, to attract developers to blighted communities/  fund historic preservation projects : a tax credit for restoring historic buildings. Pennsylvania became the 30th state to provide such a tax credit.

Pennsylvania boasts one of the largest numbers of designated historic structures in the nation.

For full article see: Tax credit may help save Divine Lorraine, other old buildings – Philly.com.

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About vinhsu

Center City Philadelphia General Practice Law Firm with emphasis on Criminal Defense, Family Law, Immigration, Real Property, and Wills/Trusts/ Estate Planning. Licensed in Pennsylvania and New Jersey.
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