Historic building tax credit alive in US Senate, future uncertain in House

In the News
November 21, 2017

According to a 2016 report by Rutgers University’s Edward J. Bloustein School of Planning and Public Policy, the federal historic tax credit cost the U.S. Treasury $25.2 billion and generated $29.8 billion in taxes since the program’s inception in 1978. The report says that in 2016, the program created 109,000 jobs and generated a combined $1.7 billion in taxes from the local, state and federal levels.

New Orleans City Business, November 21, 2017

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