Assemblywoman Woerner introduces bills to improve NYS Historic Tax Credit

Thank you to Assemblywoman Carrie Woerner for amending and introducing the following bills, which improve our NYS Historic Tax Credit:

• A5760B- NYS Historic Tax Credit increase from 20% to 30% for projects under $5 million.

• A8491- Ability to complete a single transfer of the NYS Historic Tax Credit.

These bills will provide further opportunities for economic development, particularly for main street communities and smaller projects which often have a hard time filling the funding gaps for small projects.