Senators want to expand historic rehab tax credit
DES MOINES (AP) — A program that provides tax credits for the restoration of historic buildings would get more funding under a proposal unveiled by Senate Democrats Thursday.
Sen. Bill Dotzler, D-Waterloo, said historic preservation credits help create jobs and downtown housing opportunities in Iowa towns. He said the fund will help communities build additional housing where it’s needed, especially “new urbanism” developments like those found in condos and flats being built in the East Village portion of Des Moines.
“There’s a real trend of young professionals wanting to live downtown, wanting to live in older buildings,” Dotzler said
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