The Alabama Historic Rehabilitation Tax Credit that was allowed to expire last year received a positive review from a recently released study by an economist from The University of Tennessee. The study was requested by Alabama Legislative leadership to determine the impact of the incentive to the state and recommend any improvements to the credit that may be called for. The study suggested that the credit has had a positive impact, rating it a grade of “B” and made recommendations to get to an “A”.
Senator Del Marsh said, “Overall the Historic Tax Credit is a good program that could be a great program with a few modifications. I look forward to working with my colleagues in the regular session as we attempt to re-establish the tax credit with the suggested improvements.”
That is encouraging news for Birmingham and historic areas across Alabama. REV looks forward to working for passage of a new Historic Tax Credit in the upcoming legislative session!
What Stallions cornerback, Brian Allen loves about Birmingham
Filed Under: Downtown Birmingham, Events, Front Page, Yaysayers
Brian Allen, a talented cornerback, has made the remarkable transition from a small town in Texas to the vibrant city of Birmingham. Choosing Birmingham for his football career for two consecutive seasons, Brian’s unwavering dedication and exceptional skills have made him a standout figure in the world of football. To dive deeper into Brian’s journey and discover his genuine appreciation for the city, watch this video with the link below!
Preserving Our Past: Celebrating Historic Preservation Month and Saving the Buildings We Love
Filed Under: Developer, Downtown Birmingham, Filling Vacant Spaces, Front Page, Potential-Proving
Many historic buildings, including the John Hand and The Frank, have been successfully redeveloped while preserving their original charm. May is Historic Preservation Month, which aims to raise awareness about the importance of preserving historic buildings. Currently, numerous buildings possess a solid foundation but have been left vacant and require immediate attention for preservation. Find out which treasures are in need of your help today!
A Call for a Parking Revolution
Filed Under: Developer, Downtown Birmingham, Front Page, Transportation, Yaysayers
Parking lots are dead spaces. Nothing we can construct sucks the life and vibrancy out of a place more than a parking lot. Yet we cannot seem to live without parking. Views on parking dominate almost every issue related to downtown growth. From not enough parking to being too expensive, learn from David Fleming why parking is essential to Birmingham’s growth.