Skip to main content

Historic rehabilitation partnerships given “safe harbor” by IRS

February 13, 2014

Recently, developers and investors in historic rehabilitation projects—and the communities in which they work—let out a big sigh of relief. After months of uncertainty, the Internal Revenue Service issued guidance on January 9, 2014 that cleared up the terms by which developers can allocate to their … Continued

Development Finance Initiative (DFI) featured in Coates Connection

November 12, 2013

The following article appeared in the Fall 2013 issue of Coates Connection: Development Finance Initiative Helps Communities Secure Funding for Economic Development Projects At first glance, Michael Lemanski may not seem like the adventure-seeking, daredevil type. However, when it comes to exploring … Continued

Breweries and economic development: A case of home brew

April 5, 2013

Something is brewing in small towns throughout North Carolina. Far outside the city limits of Beer City U.S.A. (also known to North Carolinians as Asheville), craft breweries are opening up in and around distressed downtowns throughout the state. Part industrial facility, part retail space, part bar … Continued

Historic mill redevelopment — Renfro Mill (Mt. Airy, NC)

March 21, 2013

As has been described in previous posts (here and here), Historic and Mills Bill tax credits have been important tools for redevelopment across North Carolina. Redevelopment of an historic structure can serve as a catalyst for revitalization and economic development in communities of all sizes. Mill … Continued

Historic mill redevelopment — Monroe Hardware Warehouse (Monroe, NC)

March 8, 2013

Historic and Mills Bill tax credits have been important tools for redevelopment across North Carolina. A recent post (here) profiled the use of historic credits on a redevelopment project in Durham, NC. Redevelopment of an historic structure can serve as a catalyst for revitalization and economic de … Continued