Nearly 97% of Detroit's Buildings are over 50! MI Historic Tax Credits need our help!
From MI Impact's Website
On December 11, 2019 the bill to reinstate the Michigan Historic Preservation Tax Credit (Senate Bill 54), is scheduled go before the Senate Finance Committee!
There are 9,690 parcels in Detroit’s Local Historic Districts, beyond historic districts, 97% of Detroit’s buildings are at least 50 years old (roughly 250,000 buildings!) The Michigan Historic Preservation Tax Credit is a valuable tool to help preserve and save buildings and homes.
Between 2001 and 2005, The Michigan Historic Tax Credit, helped spur private investment of more than $902 million across Michigan, generating a total economic impact of more than $1.93 billion across our state and creating more than 22,000 jobs. Visit the MI Impact Coalition’s website to dig deeper into why this tax credit matters!
We need your help to get it passed in the committee and onto the floor of the full Senate! This hearing is a critical first step in getting the credit reinstated.
How can you help?
Write the Finance Committee Chair, Senator Jim Runestadt!
EMAIL: [email protected]
ADDRESS: Senator Jim Runestadt P.O. Box 30036, Lansing, MI 48909-7536
Sample letters are provided at http://www.miimpact.com/.
The most compelling letters include photos of buildings in your community that could be renewed with this credit OR ways the credit has already impacted your community.
Send photos with dates of construction for historic buildings in your community that have been or might be able to be renewed with this credit!
There are more ways to get involved on MI Impact’s site. You can also learn more on Michigan Historic Preservation Network’s page.