Owosso to Host Historic Preservation Tax Credit Workshop for Commercial Property Owners
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Owosso to Host Historic Preservation Tax Credit Workshop for Commercial Property Owners

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LANSING, MI – March 17, 2011 – (RealEstateRama) — Owners of historic commercial properties are encouraged to attend a workshop on maximizing the use of Federal and State Historic Preservation Tax Credits on, Thursday, March 24. The workshop will be presented by the City of Owosso, Owosso Main Street/DDA, the Michigan Historic Preservation Network/National Trust for Historic Preservation and the State Historic Preservation Office.

State Historic Preservation Office architect Bryan Lijewski and Nan Taylor, field representative for the Michigan Historic Preservation Network/National Trust for Historic Preservation, will discuss the Secretary of the Interior’s Standards for Rehabilitation and the tax credits available for the rehabilitation of historic properties.

“By creating a local historic district last August, the Owosso City Council took an important step in preserving the unique character of downtown Owosso.” Lijewski said. “This workshop is an opportunity for us to talk to property owners in the district about how to preserve their buildings and the financial incentives that are available to them.”

Lijewski will also review the state tax credit application and answer any questions that people may have.
The free workshop will take place from Thursday, March 24,
6:00 p.m.– 8:30 p.m., Owosso City Council Chambers, 301 W. Main Street.

To reserve a space please contact Adam Zettel, City of Owosso Director of Community Development, at 989.725.0544, or .

The State Historic Preservation Office is part of the Michigan State Housing Development Authority. The Michigan State Housing Development Authority is dedicated to building a thriving and vibrant future for Michigan. MSHDA provides tools and resources to improve people’s lives through programs across the state. These programs assist with housing, build strong neighborhoods, and help create places where people want to live and work. MSHDA’s programs work in four areas: affordable rental housing; supporting homeownership; ending homelessness; and creating vibrant cities and neighborhoods. For further information on this or other MSHDA programs, go to www.michigan.gov/mshda*.

*MSHDA’s loan and operating expenses are financed through the sale of tax-exempt and taxable bonds as well as notes to private investors, not from state tax revenues. Proceeds are loaned at below-market interest rates to developers of rental housing, and help fund mortgages and home improvement loans. MSHDA also administers several federal housing programs.

Contact:
Mary Lou Keenon
Communications
Telephone: (517)373-0011

Contact:
Bryan Lijewski
State Historic Preservation Office
Telephone: (517)373-1631

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