February 11, 2014 All News, Preservation Stories No Comments Tags: Historic Tax Credit, Ohio The Ohio Historic Preservation Tax Credit Program provides a tax

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The Ohio Historic Preservation Tax Credit Program provides a tax credit equal to 25 percent of Qualified Rehabilitation Expenditures incurred as part of historic rehabilitation projects at National Register sites and districts. The Program is highly competitive and receives applications bi-annually in March and September. Applications are evaluated with an objective scoring system measuring each project’s economic impact, community benefit and return on investment to state and local governments.
The following information is shared with permission from the Ohio Historic Preservation Tax Credit Program‘s 2012 Annual Report. Lead in image of Erie Terminal Place courtesy of developers, NYO Property Group.

Recent Legislation affecting Ohio Historic Tax Credits

Ohio HTC Projects in ’12: 63
Millions in Investment: $780
Permanent Jobs: 7, 120

Two pieces of legislation approved by the Ohio General Assembly during 2012 impact the Ohio Historic Preservation Tax Credit Program. Known as the DSA Bill, Senate Bill 314 became effective on September 28, 2012 and allows long-term lessees to participate in the program as an applicant. Prior to this change, only the fee simple owner of the historic building could apply.

Signed by Governor Kasich on December 20, 2012, House Bill 510 created the financial institutions tax (FIT) to replace corporate franchise and dealer in intangibles taxes. The legislation includes a provision to allow the Ohio Historic Preservation Tax Credit to be taken against liability for the FIT. Currently, the credit can be taken against the corporate franchise and dealer in intangibles taxes, which will be phased out at the end of 2013.

Erie Terminal Place, Youngstown, OH

Looking at the Erie Terminal Building, it appears to be just a normal office building. If you look a little closer, however, you may notice clues that suggest its unique past as a passenger train depot. The six-story building opened in 1922 to provide both a passenger station and office space for the Erie Railroad. The rear of the building was set along railroad tracks, allowing passengers to catch trains to New York, Chicago and major Midwest destinations until service was discontinued in 1976.

The Project

Reborn as Erie Terminal Place after a $12 million rehabilitation, the upper five floors of the property have been converted into 40 apartment units for up to 65 young professionals working in the Mahoning Valley and students at the adjacent Youngstown State University. The property’s lower floors offer several commercial storefronts to serve as amenities for the residents and to Downtown Youngstown, creating 40 jobs inside the building. Trains may no longer stop, but the Erie Terminal Building is bustling again.

Qualified Expenditures
Approx. $10.5M*
Figure from Ohio Development Services Agency

Historic Tax Credits
Approx. $3.2M
Figure from The Vindicator

Promotional Video of the New Apartments by NYO Property Group

For some young professionals, leaving their hometowns after college is all they can imagine. Revitalized downtowns and diverse living opportunities, however, can make the decision to come back home both easier and attractive.

Erie Terminal residents Danny Buccino, 25, and Dave Murdoch, 31, embody the types of young talent Ohio communities want to retain. Both grew up in the suburbs of Youngstown, but did not see themselves living in the city after college. Buccino attended the University of Toledo and most recently lived in Connecticut. Murdoch attended Youngstown State and planned to leave the area after graduation.

Today, Buccino is a component engineer with Delphi Automotive in Warren. Murdoch is running his family business, an industrial garage door supplier that is seeing unprecedented growth because of the oil and gas industry. Both are thrilled to be part of the rebirth of Downtown Youngstown and were attracted to Erie Terminal Place because of its proximity to restaurants, nightlife and civic amenities within walking distance, something they note as one of the reasons their friends are attracted to other cities.

Buccino and Murdoch believe Erie Terminal has helped change attitudes about the potential for Downtown Youngstown. “This project has uplifted the area from a place no one wanted to be, to a showplace for the region. I’ve never looked at Youngstown with a brighter light,” Murdoch said.

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Thank You for Another Great Advocacy Week!! Thank you all for another great Advocacy Week! Over the course of the week we conducted more than 200 hill visits, covering delegations in 41 states! Now it’s time to start following-up from your Hill vi

Thank You for Another Great Advocacy Week!!

Thank you all for another great Advocacy Week! Over the course of the week we conducted more than 200 hill visits, covering delegations in 41 states! Now it’s time to start following-up from your Hill visits.

Knowing who you met with and how the meetings went is essential for Preservation Action and the National Conference of State Historic Preservation Officer’s continued advocacy. Reports from the Hill meetings allows us to help you. The reports take less than 10 minutes and can be completed easily online. A copy of the form was also included in your briefing packet, and can be downloaded here. Report forms can also be completed by hand and emailed to  rnaylor@preservationaction.org or simply mailed to our office.

Complete Your Hill Report Form Online Today! →

Download Hill Report Form PDF

Follow Up

As preservationists return to the their home states as Hill veterans, Preservation Action is counting on grassroots activists to keep up at the advocacy!

  • Encourage your members of Congress to sign-on to the FY18 Historic Preservation Fund Dear Colleague Letter. Deadline for signatures is Thursday, March 30th. Find out more information
  • Encourage your members of Congress to Co-sponsor the Historic Tax Credit Improvement Act, S. 425, H.R 1158.
  • Follow up with who you met during your hill visits. Perhaps with a personalized thank you note.
  • Request a meeting with your Member of Congress in their district. The next congressional in-district period is April 7-24th.
  • Invite the members and their district staff to tour tax credit projects or historic sites.
  • Invite the member of Congress to speak at a local event on historic preservation.

 

Thank you for making Advocacy Week 2017 a huge success!

Download Advocacy Week One Pagers

About Advocacy Week

Preservation Action and the National Conference of State Historic Preservation Offices (NCSHPO) organize our industry’s Advocacy Week each year, bringing over 250 preservationists to Washington, DC to promote sound federal preservation policy and programs.
Advocacy Week registration includes in-depth training and policy briefings and white papers from an array of preservation and policy professionals. Ticketed events offer additional meetings with elected officials, their staff, and a national network of preservation advocates.

Download the Advocacy Week 2017 Agenda 

Download the Advocacy Week 2017 Program 

Advocacy Week is jointly hosted by Preservation Action and the National Conference of State Historic Preservation Officers.

For More Information Contact: NCSHPO: 202.624.5465, info@ncshpo.org or Preservation Action: 202.463.0970, mail@preservationaction.org

Lawmakers Pass C.R, Fail to Reauthorize HPF and LWCF; NDAA Conference Agreement Does Not Include Military LAND Act; Get Your Tickets Now for PAF’s “Party for Preservation” Fundraising Event Octo

Lawmakers Pass C.R, Fail to Reauthorize HPF and LWCF; NDAA Conference Agreement Does Not Include Military LAND Act; Get Your Tickets Now for PAF’s “Party for Preservation” Fundraising Event

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Preservation Action, Legislative Update Volume 18, Number 35, October 2, 2015 → Lawmakers Pass Continuing Resolution, Fail to Reauthorize HPF and LWCF On the last possible day, lawmakers passed a continuing resolution that keeps the government funded through December 11th and averts a possible shutdown. This maintains fiscal year 2015 appropriation levels until December, allowing …

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NPS Centennial Legislation Introduced; Senators Sign on to LWCF Letter; New Report Shows HTC a Huge Success in 2014; NC Reinstates Historic Tax Credits; Support PAF on Amazon Smile

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Preservation Action, Legislative Update Volume 18, Number 34, September 25, 2015 → NPS Centennial Legislation Introduced in House Rep. Raul Grijalva (D-NM) along with 5 original co-sponsors, representatives Niki Tsongas (D-MA), Debbie Dingell (D-MI), Jared Huffman (D-CA), Alan Lowenthal (D-NY), and Donald Norcross (D-NJ), introduced the National Park Service Centennial Act. The Obama Administration proposed the …

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House Passes Public Lands Bills; Celebrate National Public Lands Day on September 26th; N.C’s HTC Restored in State Budget Proposal; Stories From Around the States

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Preservation Action, Legislative Update Volume 18, Number 33, September 18, 2015 → House Passes Public Lands Bills This week the U.S House of Representatives passed the John Muir National Historic Trail Expansion Act (H.R 1289) and the Medgar Evers House Study Act (H.R 959). These two bills make significant strides to protect important historic sites. …

More →

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Congress Returns from August Recess; Historic Preservation Education Bill Passes House Natural Resources Committee; NC Moves One Step Closer to Restoring HTCs

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Preservation Action, Legislative Update Volume 18, Number 32, September 11, 2015 → Congress Returns From Recess Congress returned from the August recess this week and faces difficult deadlines. Lawmakers have limited time to pass the remaining appropriations bills before the September 30th deadline and face the potential for another government shutdown on October 1st. Thus …

More →

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Obama Proposes National Park Service Centennial Act; NYC City Council Bill Could Limit Landmark Designations; Save the Date- Nov. 5th Party for Preservation Fundraising Event

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Preservation Action, Legislative Update Volume 18, Number 31, September 4, 2015 → Obama Administration Proposes National Park Service Centennial Act Secretary of Interior Sally Jewell announced the Obama Administration is proposing the National Park Service Centennial Act. The proposed legislation would further the efforts to honor and celebrate the 100th anniversary of the National Park …

More →

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A Message From Preservation Action’s New Leadership

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A Message From Preservation Action’s New Leadership                       Dear Preservation Action Members and Friends, This month the Preservation Action Board announced our new leadership of Preservation Action. We are honored and enthusiastic about the challenge ahead: to build upon PA’s best traditions of grassroots advocacy, …

More →

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Protect Section 4(f) in the House Transportation Bill; Explore Proposed Public Lands in New Interactive Map; NPS Awards Tribal Heritage Grants; NPS Offers Free Admission August 25th; Stories From Around the States

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Preservation Action, Legislative Update Volume 18, Number 30, August 21, 2015 → Action Alert! Protect Section 4(f) in the House Transportation Bill Before the August Recess, Senators passed a 6 year transportation reauthorization bill titled Developing a Reliable Innovative Economy Act or DRIVE Act (S.1647). The DRIVE Act includes a provision, in section 11116, that …

More →

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Permanent HPF Reauthorization Included in Senate Energy Reform Bill; Transportation Reauthorization Threatens Historic Resources; Four New NHL’s Designated; Missouri One Step Closer to Newest National Park

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Preservation Action, Legislative Update Volume 18, Number 29, August 14, 2015 → Permanent HPF Reauthorization Included in Senate Energy Policy Reform Bill The Senate Energy Policy Modernization Act of 2015, in section 5003, includes permanent reauthorization of the Historic Preservation Fund (HPF). The legislation would permanently authorize the HPF at the current authorized level of …

More →

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Preservation Action Announces New Leadership

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Former Congressman Russ Carnahan and Former Judge Debra Carnahan Join Preservation Action Team                     FOR IMMEDIATE RELEASE Date: August 7, 2015 Washington, D.C- After a national search, the board of directors of Preservation Action announced today it has retained Russ Carnahan and Debra Carnahan to lead the …

More →

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President Obama’s Use of Antiquities Act Prompts Praise and Criticism; Philadelphia Could be First U.S World Heritage City; National Preservation Conference Registration Now Open; Wisconsin Budget Passes Without Capping HTC

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Preservation Action, Legislative Update Volume 18, Number 28, July 17, 2015 → President Obama’s Use of the Antiquities Act Prompts Praise and Criticism Last Friday President Obama announced the designation of 3 new National Monuments, the Basin and Range National Monument in Nevada, the Berryessa Snow Mountain National Monument in California, and the Waco Mammoth …

More →

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Lawmakers Pass C.R, Fail to Reauthorize HPF and LWCF; NDAA Conference Agreement Does Not Include Military LAND Act; Get Your Tickets Now for PAF’s “Party for Preservation” Fundraising Event Octo

Lawmakers Pass C.R, Fail to Reauthorize HPF and LWCF; NDAA Conference Agreement Does Not Include Military LAND Act; Get Your Tickets Now for PAF’s “Party for Preservation” Fundraising Event

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Preservation Action, Legislative Update Volume 18, Number 35, October 2, 2015 → Lawmakers Pass Continuing Resolution, Fail to Reauthorize HPF and LWCF On the last possible day, lawmakers passed a continuing resolution that keeps the government funded through December 11th and averts a possible shutdown. This maintains fiscal year 2015 appropriation levels until December, allowing …

More →

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NPS Centennial Legislation Introduced; Senators Sign on to LWCF Letter; New Report Shows HTC a Huge Success in 2014; NC Reinstates Historic Tax Credits; Support PAF on Amazon Smile

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Preservation Action, Legislative Update Volume 18, Number 34, September 25, 2015 → NPS Centennial Legislation Introduced in House Rep. Raul Grijalva (D-NM) along with 5 original co-sponsors, representatives Niki Tsongas (D-MA), Debbie Dingell (D-MI), Jared Huffman (D-CA), Alan Lowenthal (D-NY), and Donald Norcross (D-NJ), introduced the National Park Service Centennial Act. The Obama Administration proposed the …

More →

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House Passes Public Lands Bills; Celebrate National Public Lands Day on September 26th; N.C’s HTC Restored in State Budget Proposal; Stories From Around the States

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<!–/ .post-meta

Preservation Action, Legislative Update Volume 18, Number 33, September 18, 2015 → House Passes Public Lands Bills This week the U.S House of Representatives passed the John Muir National Historic Trail Expansion Act (H.R 1289) and the Medgar Evers House Study Act (H.R 959). These two bills make significant strides to protect important historic sites. …

More →

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Congress Returns from August Recess; Historic Preservation Education Bill Passes House Natural Resources Committee; NC Moves One Step Closer to Restoring HTCs

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<!–/ .post-meta

Preservation Action, Legislative Update Volume 18, Number 32, September 11, 2015 → Congress Returns From Recess Congress returned from the August recess this week and faces difficult deadlines. Lawmakers have limited time to pass the remaining appropriations bills before the September 30th deadline and face the potential for another government shutdown on October 1st. Thus …

More →

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Obama Proposes National Park Service Centennial Act; NYC City Council Bill Could Limit Landmark Designations; Save the Date- Nov. 5th Party for Preservation Fundraising Event

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Preservation Action, Legislative Update Volume 18, Number 31, September 4, 2015 → Obama Administration Proposes National Park Service Centennial Act Secretary of Interior Sally Jewell announced the Obama Administration is proposing the National Park Service Centennial Act. The proposed legislation would further the efforts to honor and celebrate the 100th anniversary of the National Park …

More →

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A Message From Preservation Action’s New Leadership

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A Message From Preservation Action’s New Leadership                       Dear Preservation Action Members and Friends, This month the Preservation Action Board announced our new leadership of Preservation Action. We are honored and enthusiastic about the challenge ahead: to build upon PA’s best traditions of grassroots advocacy, …

More →

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Protect Section 4(f) in the House Transportation Bill; Explore Proposed Public Lands in New Interactive Map; NPS Awards Tribal Heritage Grants; NPS Offers Free Admission August 25th; Stories From Around the States

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Preservation Action, Legislative Update Volume 18, Number 30, August 21, 2015 → Action Alert! Protect Section 4(f) in the House Transportation Bill Before the August Recess, Senators passed a 6 year transportation reauthorization bill titled Developing a Reliable Innovative Economy Act or DRIVE Act (S.1647). The DRIVE Act includes a provision, in section 11116, that …

More →

<!–/ .post

Permanent HPF Reauthorization Included in Senate Energy Reform Bill; Transportation Reauthorization Threatens Historic Resources; Four New NHL’s Designated; Missouri One Step Closer to Newest National Park

<!–/ .title

<!–/ .post-meta

Preservation Action, Legislative Update Volume 18, Number 29, August 14, 2015 → Permanent HPF Reauthorization Included in Senate Energy Policy Reform Bill The Senate Energy Policy Modernization Act of 2015, in section 5003, includes permanent reauthorization of the Historic Preservation Fund (HPF). The legislation would permanently authorize the HPF at the current authorized level of …

More →

<!–/ .post

Preservation Action Announces New Leadership

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Former Congressman Russ Carnahan and Former Judge Debra Carnahan Join Preservation Action Team                     FOR IMMEDIATE RELEASE Date: August 7, 2015 Washington, D.C- After a national search, the board of directors of Preservation Action announced today it has retained Russ Carnahan and Debra Carnahan to lead the …

More →

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President Obama’s Use of Antiquities Act Prompts Praise and Criticism; Philadelphia Could be First U.S World Heritage City; National Preservation Conference Registration Now Open; Wisconsin Budget Passes Without Capping HTC

<!–/ .title

<!–/ .post-meta

Preservation Action, Legislative Update Volume 18, Number 28, July 17, 2015 → President Obama’s Use of the Antiquities Act Prompts Praise and Criticism Last Friday President Obama announced the designation of 3 new National Monuments, the Basin and Range National Monument in Nevada, the Berryessa Snow Mountain National Monument in California, and the Waco Mammoth …

More →

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Lawmakers Pass C.R, Fail to Reauthorize HPF and LWCF; NDAA Conference Agreement Does Not Include Military LAND Act; Get Your Tickets Now for PAF’s “Party for Preservation” Fundraising Event Octo

Lawmakers Pass C.R, Fail to Reauthorize HPF and LWCF; NDAA Conference Agreement Does Not Include Military LAND Act; Get Your Tickets Now for PAF’s “Party for Preservation” Fundraising Event

<!–/ .title

<!–/ .post-meta

Preservation Action, Legislative Update Volume 18, Number 35, October 2, 2015 → Lawmakers Pass Continuing Resolution, Fail to Reauthorize HPF and LWCF On the last possible day, lawmakers passed a continuing resolution that keeps the government funded through December 11th and averts a possible shutdown. This maintains fiscal year 2015 appropriation levels until December, allowing …

More →

<!–/ .post

NPS Centennial Legislation Introduced; Senators Sign on to LWCF Letter; New Report Shows HTC a Huge Success in 2014; NC Reinstates Historic Tax Credits; Support PAF on Amazon Smile

<!–/ .title

<!–/ .post-meta

Preservation Action, Legislative Update Volume 18, Number 34, September 25, 2015 → NPS Centennial Legislation Introduced in House Rep. Raul Grijalva (D-NM) along with 5 original co-sponsors, representatives Niki Tsongas (D-MA), Debbie Dingell (D-MI), Jared Huffman (D-CA), Alan Lowenthal (D-NY), and Donald Norcross (D-NJ), introduced the National Park Service Centennial Act. The Obama Administration proposed the …

More →

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House Passes Public Lands Bills; Celebrate National Public Lands Day on September 26th; N.C’s HTC Restored in State Budget Proposal; Stories From Around the States

<!–/ .title

<!–/ .post-meta

Preservation Action, Legislative Update Volume 18, Number 33, September 18, 2015 → House Passes Public Lands Bills This week the U.S House of Representatives passed the John Muir National Historic Trail Expansion Act (H.R 1289) and the Medgar Evers House Study Act (H.R 959). These two bills make significant strides to protect important historic sites. …

More →

<!–/ .post

Congress Returns from August Recess; Historic Preservation Education Bill Passes House Natural Resources Committee; NC Moves One Step Closer to Restoring HTCs

<!–/ .title

<!–/ .post-meta

Preservation Action, Legislative Update Volume 18, Number 32, September 11, 2015 → Congress Returns From Recess Congress returned from the August recess this week and faces difficult deadlines. Lawmakers have limited time to pass the remaining appropriations bills before the September 30th deadline and face the potential for another government shutdown on October 1st. Thus …

More →

<!–/ .post

Obama Proposes National Park Service Centennial Act; NYC City Council Bill Could Limit Landmark Designations; Save the Date- Nov. 5th Party for Preservation Fundraising Event

<!–/ .title

<!–/ .post-meta

Preservation Action, Legislative Update Volume 18, Number 31, September 4, 2015 → Obama Administration Proposes National Park Service Centennial Act Secretary of Interior Sally Jewell announced the Obama Administration is proposing the National Park Service Centennial Act. The proposed legislation would further the efforts to honor and celebrate the 100th anniversary of the National Park …

More →

<!–/ .post

A Message From Preservation Action’s New Leadership

<!–/ .title

<!–/ .post-meta

A Message From Preservation Action’s New Leadership                       Dear Preservation Action Members and Friends, This month the Preservation Action Board announced our new leadership of Preservation Action. We are honored and enthusiastic about the challenge ahead: to build upon PA’s best traditions of grassroots advocacy, …

More →

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Protect Section 4(f) in the House Transportation Bill; Explore Proposed Public Lands in New Interactive Map; NPS Awards Tribal Heritage Grants; NPS Offers Free Admission August 25th; Stories From Around the States

<!–/ .title

<!–/ .post-meta

Preservation Action, Legislative Update Volume 18, Number 30, August 21, 2015 → Action Alert! Protect Section 4(f) in the House Transportation Bill Before the August Recess, Senators passed a 6 year transportation reauthorization bill titled Developing a Reliable Innovative Economy Act or DRIVE Act (S.1647). The DRIVE Act includes a provision, in section 11116, that …

More →

<!–/ .post

Permanent HPF Reauthorization Included in Senate Energy Reform Bill; Transportation Reauthorization Threatens Historic Resources; Four New NHL’s Designated; Missouri One Step Closer to Newest National Park

<!–/ .title

<!–/ .post-meta

Preservation Action, Legislative Update Volume 18, Number 29, August 14, 2015 → Permanent HPF Reauthorization Included in Senate Energy Policy Reform Bill The Senate Energy Policy Modernization Act of 2015, in section 5003, includes permanent reauthorization of the Historic Preservation Fund (HPF). The legislation would permanently authorize the HPF at the current authorized level of …

More →

<!–/ .post

Preservation Action Announces New Leadership

<!–/ .title

<!–/ .post-meta

Former Congressman Russ Carnahan and Former Judge Debra Carnahan Join Preservation Action Team                     FOR IMMEDIATE RELEASE Date: August 7, 2015 Washington, D.C- After a national search, the board of directors of Preservation Action announced today it has retained Russ Carnahan and Debra Carnahan to lead the …

More →

<!–/ .post

President Obama’s Use of Antiquities Act Prompts Praise and Criticism; Philadelphia Could be First U.S World Heritage City; National Preservation Conference Registration Now Open; Wisconsin Budget Passes Without Capping HTC

<!–/ .title

<!–/ .post-meta

Preservation Action, Legislative Update Volume 18, Number 28, July 17, 2015 → President Obama’s Use of the Antiquities Act Prompts Praise and Criticism Last Friday President Obama announced the designation of 3 new National Monuments, the Basin and Range National Monument in Nevada, the Berryessa Snow Mountain National Monument in California, and the Waco Mammoth …

More →

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