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!
Magic City Match is a program that transforms lives and opens doors for Black entrepreneurs and business owners. Led by REV Birmingham and powered by Prosper, this initiative aims to create opportunities for Black-owned businesses by matching them with brick-and-mortar spaces where they can thrive. After a successful pilot program in 2022, Magic City Match is back in action and ready to empower a new wave of entrepreneurs.
Woof, woof! I’ve been having an absolute blast visiting my sister in Downtown Birmingham. I can hardly wait to share all the details with you once you return from your vacation. In the meantime, I wanted to put paw to paper and tell you all about it, with the hope of convincing you that moving Downtown could be the most wonderful decision ever.
Have you ever wondered how those delicious baking magazines look so good on paper but don’t turn out like the pictures? The geniuses behind the apron aren’t the only ones making those creations come to life. Photographers, producers, and editors are also behind the scenes making the food look as good as it tastes. Downtown Birmingham is lucky to have its own creative publication firm, Hoffman Media, right on 2nd Avenue North. With several state-of-the-art broadcasting kitchens and photography equipment, the firm can easily transform a recipe into a dreamy reality.