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Letter: Extend Minnesota s Historic Tax Credit The Historic Tax Credit is one of the most powerful tools in local economic development, job creation and stimulation of entrepreneurship that any community can make. Written By: Elicia Kortus, President, Reclaim Community, Jasper | 10:30 pm, Apr. 7, 2021 × In the wake of COVID-19, creating economic growth, good paying jobs and vitality in our community has become more important than ever. Since 2010, the bipartisan-supported Minnesota Historic Structure Rehabilitation Tax Credit has served the state in countless ways. The tax credit has generated over $3.5 billion for Minnesota’s economy, created over 18,650 jobs and generates economic growth in 97% of our state’s industries. In Greater Minnesota in particular, the tax credit has shown large returns, where projects in 2019 generated up to $16 for their communities for every $1 of tax credit invested, which is a powerful economic gr ....
More than $3.5 million in historical and cultural heritage large grants awarded to organizations statewide fillmorecountyjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fillmorecountyjournal.com Daily Mail and Mail on Sunday newspapers.