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Government
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Written by MM Team
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Thursday, 16 July 2009 12:59 |
From the G.R. City Site
The federal and state governments want to encourage the preservation of historic buildings by offering assistance through various programs and educational tools. Two very popular and effective tools are the federal and state historic preservation income tax programs.
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The Michigan historic preservation tax credit is a state income tax or small business credit of 25% of qualified rehabilitation expenditures and is available to qualifying income and non-income producing properties.
The Federal historic preservation tax credit is a 20% federal income tax credit for substantial rehabilitation expenditures for qualifying income producing properties. |
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Government
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Written by Web Administrator
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Thursday, 16 July 2009 12:43 |
The City Planning Commission is the city's main planner for the Medica Mile. Over the past years, the Planning Commission has developed detail maps and plans for Michigan Ave (Medical Mile).
Following is the Commission's basic information
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Read more...
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