Cary News: Opinion

Dozier: Restore historic preservation tax credits

Restore historic preservation credits

I had the pleasure of meeting Susan Kluttz, Secretary of the N.C. Department of Cultural Resources, at Apex’s Halle Cultural Arts Center. The secretary is touring North Carolina to highlight the value of the N.C. Historic Preservation Tax Credit, which was established in 1998.

She noted that it is an investment, not an incentive, providing for certified rehabilitations of historic properties. Community caretakers in 90 counties have taken advantage of this credit attracting $1.6 billion in private investments. Today, with the expiration of the tax credit, many citizens are financially unable to preserve their town’s history.

In Apex, you will find beautifully restored structures with rich histories that have revitalized our main street and created new entrepreneurial opportunities. We all benefit when the state invests in municipalities by encouraging historic preservation and civic pride.

Nicole Dozier

Apex Town Council

  Comments