Category Archives: Public Policy
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
Posted in Missouri, Missouri Legislature, Public Policy
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What the Next Mayor Could Do
by Michael R. Allen Next week, while the author of this post is safely ensconced on a job site in Oklahoma, St. Louisans will select a Democratic candidate for Mayor. Given tradition and barring mercurial rises in Green Party prospects, … Continue reading
Posted in Public Policy
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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
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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
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The Cost of Northside Regeneration
In my latest St. Louis Public Radio commentary, “The Cost of Northside Regeneration”, I contrast the slow development of the St. Louis Place neighborhood after John O’Fallon and others filed the Union Addition plat in 1850 with the lumbering, subsidized … Continue reading
New Solar Panel Standards Proposed for City Historic Districts and Sites
by Michael R. Allen This afternoon Cultural Resources Office Director Betsy Bradley will recommend that the Preservation Board adopt new standards governing solar collectors installed on City Landmarks and Sites and on buildings within Local Historic Districts. The board’s approval … Continue reading
Is St. Louis Ready for a “Land Run”?
by Michael R. Allen On June 25, the Pruitt Igoe Now design competition (staffed by the Preservation Research Office) announced its three winners, selected from its thirty-one finalists. The scope of the initial 346 submissions that envisions a new life … Continue reading
Posted in Abandonment, North St. Louis, Pruitt Igoe, Public Policy
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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
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Northside Regeneration’s New Scale
by Michael R. Allen Today the Missouri Court of Appeals filed its ruling in Northside Regeneration and the City of St. Louis’ appeal of Circuit Court Judge Robert Dierker’s July 2010 ruling that suspended the redevelopment ordinances for Northside Regeneration’s … Continue reading
Posted in North St. Louis, Northside Regeneration, Public Policy
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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
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