Category Archives: Missouri

Urgent: Missouri House Votes to Cut Historic Tax Credits; Senate Action Ahead Tomorrow?

by Christian Frommelt Around 5:30 pm this evening the Missouri House passed SB112 (New Markets Credit) that included an amendment to reduce the historic tax credit cap from $140 million to $90 million ($10 million cap on small projects) and … Continue reading

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Missouri Has Historic Tax Credits For a Reason

by Michael R. Allen Wednesday was a sobering day for historic preservation in St. Louis. Very early Wednesday the Missouri Senate perfected a bill (SCS SB120, passed n voice vote) that would reduce the cap on historic tax credits from … Continue reading

Posted in Missouri, Missouri Legislature, Public Policy | 4 Comments

Missouri Senate Committee Votes to Slash Historic Tax Credits

by Michael R. Allen This week the Missouri Senate Committee on Jobs and Economic Development took aim at Missouri’s successful historic rehabilitation tax credit program. By a 9-1 vote, the committee passed to the full Senate a substitute economic development … Continue reading

Posted in Missouri, Public Policy | 2 Comments

The Mid-Century Modernism of Marcel Boulicault

by Michael R. Allen St. Louis architect Marcel Boulicault’s name probably is unfamiliar to you, but a few of his works will draw an “ah ha!” or two. Boulicault is a designer whose contributions to Modern architecture in St. Louis … Continue reading

Posted in Architects, JeffVanderLou, Metro East, Mid-Century Modern, Missouri, North St. Louis, Pruitt Igoe, South St. Louis, Southwest Garden, Wellston | 3 Comments

Federal Historic Tax Credit Led to $3.9 Billion in Investment in Last Two Years

by Michael R. Allen Congress first authorized the federal historic tax credit for fiscal year 1978 in order to provide a return of 20% of the qualified expenditures of rehabilitating historic buildings to developers whose projects produced income. In creating … Continue reading

Posted in Historic Preservation, Missouri, Public Policy | 1 Comment

Missouri Senate Votes to Slash Historic Rehab Tax Credit

From Deb Sheals of the Alliance for Investment, Jobs and Preservation The Missouri Senate just passed a bill that will cap the historic tax credit program at $75 million per year, with no small deal exemption. This is a drastic … Continue reading

Posted in Missouri, Missouri Legislature, Public Policy | 1 Comment

A Tax Credit That Works

Deb Sheals, Chair of the Public Policy Committee of Missouri Preservation, sent out the following statistics on Missouri’s state historic rehabilitation tax credit program. Between creation of the program in 1998 and September 2011, the Department of Economic Development measure … Continue reading

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Communities First

by Michael R. Allen Today the Missouri Senate will convene to consider the “economic development” bill (HCS SS SCS SB 8 ) passed by the House last week that would cut neighborhood and Main Street development across the state. The … Continue reading

Posted in Missouri, Missouri Legislature, Public Policy | 1 Comment

What The House Is Voting On

Today the House Committee on Economic Development passed economic development bill HCS SB 8 by 21-4 vote. Included in the bill, to be considered by the full House as soon as tomorrow, would be major and devastating changes to the … Continue reading

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Capping Neighborhood Revitalization

by Michael R. Allen In the past few weeks, proponents of the possibly impending economic development deal crafted between leaders in the Missouri House and Senate have made excuses for proposed cuts to the historic rehabilitation tax credit: “it was … Continue reading

Posted in Hyde Park, Missouri, North St. Louis, O'Fallon, Penrose, Public Policy, St. Louis Place, The Ville | 1 Comment