“There are a lot of buildings that would continue to sit empty or would have been demolished by now had that tax credit not been available to make the project economically sound,” said Steve Dust, president and CEO of the Greater Cedar Valley Alliance and Chamber. “And that’s repeated all over Iowa.”
Steve Dust is quoted in an article by Erin Murphy, State house reporter for The Courier/Lee Enterprises, about Iowa projects helped by federal historic preservation tax credits and the possible effect on Iowa projects if Congress’ tax reform proposal is approved.
Cutting historic tax credits could cripple economic development, officials warn, Erin Murphy, The Courier, November 13, 2017