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On Tuesday, Sept. 25, at 6:00 p.m. the City of Columbus will host a workshop where staff members from the Wisconsin Economic Development Corporation (WEDC) and the Wisconsin Historical Society (WHS) to make presentations regarding programs that are available to residents and business owners. WEDC will present regarding the importance of façade improvements and WHS will review Federal and State Tax Credit Programs. The presentations are open to the public and held in the Columbus City Hall Council Chambers located at 105 N Dickason Boulevard. The purpose of the event is to inform residents and business owners of available programs.
A business’s storefront is a permanent billboard for the business. Errin Welty from WEDC Wisconsin Main Street and Connect Communities will provide information on evaluating a building’s façade and exterior space as well as designing improvements which attract attention and boost sales. Information on various financing programs available will also be presented.
Jen Davel, a Preservation Architect for WHS, will provide an overview of Federal and State Historic Tax credits. She has worked at WHS since 2010 and her primary responsibility is to certify commercial and homeowner tax credit projects for conformance with the Secretary of the Interior’s Standards for Rehabilitation. Part of her review includes property site visits in communities across Wisconsin. In addition to the project reviews, Jen educates the public by speaking on topics ranging from the Historic Preservation Tax Credit Programs to the best treatments for historic buildings.
A 20% federal income historic tax credit is available to owners who rehabilitate their income-producing commercial properties that have a historic designation. The tax credits are administered in Wisconsin by the State Historic Preservation Office (SHPO) located within WHS. The State of Wisconsin has a 20% tax credit for up to $3.5 million per parcel. Combined the owner may receive 40% of the rehabilitation expenses back in the form of tax credits.
In addition, The State of Wisconsin also has an income tax credit for owners of certified historic homes. The owner may receive up to 25% of the rehabilitation expenses back in the form of tax credits for work on their house.
More information can be found on the City of Columbus website www.cityofcolumbuswi.com or by contacting Matt Schreiber at (920) 623-5900 or firstname.lastname@example.org.