Governor Pat McCrory to Proclaim Historic Tax Credit Day


PRESS RELEASE
Governor Pat McCrory to Proclaim Wednesday, Oct. 14, Historic Tax Credit Day
– Secretary Susan Kluttz joins Governor at Celebration in Burlington at 2 p.m. –

Burlington, N.C. – To celebrate the return of the Historic Tax Credits, Governor Pat McCrory will proclaim Wed., Oct. 14, Historic Tax Credit Day at a celebration at the Historic Depot in Burlington at 2 p.m.

“The Historic Tax Credit is a tool with a proven track record of creating jobs and renewing main streets all across North Carolina,” Governor McCrory said. “The Historic Tax credit not only preserves our past, it helps build our economic future.”

N.C. Department of Natural and Cultural Resources Secretary Susan Kluttz, State Representative Steve Ross and Burlington Mayor Ronnie Wall will join Governor McCrory in a short presentation and reading of the proclamation.

“Historic Tax Credits bring jobs and economic development to rural towns and big cities across North Carolina,” said Secretary Kluttz. “The rebirth of one abandoned downtown building has a ripple effect throughout a community and often sparks a renaissance of development in nearby structures. In addition, these historic buildings and mills are an emotional tie to our heritage and exemplify what makes North Carolina unique. These credits are critical for North Carolina’s economic recovery and I am thrilled they have been restored. ”

What:   Historic Tax Credit Day Celebration
Who:    Governor Pat McCrory
Natural and Cultural Resources Secretary Susan Kluttz
Representative Steve Ross
Mayor Ronnie Wall
Local and state elected officials
When:  Wednesday, Oct. 14 at 2:00 p.m.
Where: Historic Depot, 200 S. Main Street, Downtown Burlington

Historic tax credits were used by business and homeowners who owned historic properties listed in the National Register of Historic Places to preserve their buildings within defined guidelines. Used in 90 out of N.C.’s 100 counties, in both rural and urban areas, these historic tax credits boosted local economies and created jobs, while preserving communities’ historic cores and our state’s priceless historic character.

Since 1998, more than 2,400 historic tax credit projects have been completed statewide bringing more than $1.6 billion of private investment into North Carolina communities.  North Carolina’s historic tax credit program ended on December 31, 2014.

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Cary Cox
Assistant Secretary for Marketing and Communications
North Carolina Department of Natural and Cultural Resources
919 807 7388    office
919 632 2599    mobile
cary.cox@ncdcr.gov
109 East Jones Street
4601 Mail Service Center
Raleigh, North Carolina 27699-4600