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!
Dynamic pricing means that the price of a given spot can change in real-time in order to respond to demand.
The City of Birmingham has approved the applications for two micromobility vendors to operate shared bikes and scooters from vendors Gotcha and Veo in a wide service area that includes downtown and many neighborhoods that will begin in early 2021.
REV Birmingham, Main Street leaders on awards + why main streets are essential to thriving communities
REV’s CEO David Fleming and Main Street Alabama’s President Mary Helmer discuss what Awards of Excellence mean to Main Street organizations like REV, and why taking care of main streets is vital to a community.