Historic Preservation --Is it necessary?
From:
Brian Williams
Date:
May 17 05:57 UTC
Short link
Historic preservation is extremely important to communities and local
economies. It is rightfully boosted, in some cases, by federal tax credits, and
Ohio is planning to expand last year's limited state historic tax credit.
Preserving our heritage beautifies the city, keeps neighborhoods intact and,
while it may often be to the benefit of the well-to-do, the limited tax credits
are available only to people and businesses that already are investing in
places that have been neglected. What's more historic restoration may be
comparable is cost to new construction, but restoration is more
labor-intensive, which means it creates jobs and keeps money in the local
economy. And restoration of a key building in a neighborhood may inspire
further investment in the neighborhood. Preservation is one of the most
cost-effective (from a public-spending standpoint) ways to strengthen
communities.
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