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!
This fall, the REV team is doing some new REV things, with a demonstration project designed to prove and improve downtown Birmingham’s market for more retail.
I believe that Birmingham is still missing something important—something that inspires people to experience downtown on foot, that can tell the story of our city and its cultures.
Sixteenth St. Baptist Church honoring its history with interactive museum opening on 56th anniversary of bombing
Sept. 15, 56 years to the day that a bomb killed four little girls— Addie Mae Collins, Denise McNair, Cynthia Wesley and Carole Robertson— a new interactive museum will open honoring the girls and the chain of events their murders set off in the Civil Rights Movement.