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.

Tax CreditsPLNYS Staff
Remsen-Lake Placid Travel Corridor Unit Management Plan

Our team recently submitted a letter to the NYS Department of Environmental Conservation with comments about proposed changes to the New York Central Railroad Adirondack Division Historic District. We have advocated on behalf of this historic site in the past, including listing it as a 2016-17 Seven to Save. The League believes the corridor should remain an active railroad. If that is not possible, we believe the rails and ties should be preserved in place.

DEC has been aiming for years to remove 34 miles of railroad tracks and ties from Tupper Lake to Lake Placid to create a multi-modal use trail. Creating this trail (for snowmobilers, cross-country skiers and hikers) will involve destroying historic features. As part of the SEQR process, DEC released a scoping document that discusses the impacts of the project and how they will mitigate this – and we don’t find the mitigation measures for adverse impacts to historic features to be entirely satisfactory.

Click here to read our full letter to the DEC.

Click here for the DEC scoping document and request for comments.

PLNYS Staff
Historic Tax Credit Growth and Opportunity Act (HTC-GO)

On June 19, supporters of improvements to the Federal Historic Tax Credit took part in Lobby Day on Capitol Hill hosted by the Historic Tax Credit Coalition, to encourage support for the HTC-GO legislation. Preservation League staff met with several New York representatives to express the importance of H.R. 2825, and how it would bring more value to historic tax credits and improve access to the credit and investment for smaller rehabilitation projects across New York State.

Don't for forget to contact your New York Congressional Representative and encourage them to co-sponsor the Historic Tax Credit Growth and Opportunity Act in the House, and ask Senators to support the introduction of similar legislation. Please join us in thanking representative Brian Higgins (D-NY) for being an early co-sponsors of this legislation!

Update: Many thanks to local representatives Anthony Brindisi (D-NY), Antonio Delgado (D-NY), Paul Tonko (D-NY), Chris Collins (R-NY), Joseph Morelle (D-NY), and John Katko (R-NY) for joining Brian Higgins in co-sponsoring this legislation!

S3645A HTC enhancements (Kennedy), passed Senate

An important bill passed in the Senate this session: S3645A. We appreciate the Senate's support and recognition of the importance of the NYS Historic Tax Credit and how these improvements will make the credit more functional and valuable for smaller, Main Street, and nonprofit projects. We would like to thank Senator Kennedy (D- 63rd District) for introducing this bill and to the following Senate co-sponsors: Metzger (D- 42nd District), Serrano (D- 29th District), and Kaplan (D- 7th District).

Thank you again to Governor Andrew M. Cuomo, the Assembly and Senate, especially Assembly Speaker Carl E. Heastie and Senate Majority Leader Andrea Stewart-Cousins, Assembly Ways and Means Chair Helene E. Weinstein and Senate Finance Chair Liz Krueger for including improvements to the Historic Tax Credit in the budget bill earlier this session, so that both State Historic Sites and cities with a poverty rate over 15% can take advantage of the Historic Tax Credit.

NYS, Tax CreditsPLNYS Staff
Opposition to A.1261/S.1947 Prevailing Wage

Bills A.1261/S.1947, as written, would impede community development, revitalization, and endanger historic buildings and landscapes. Specifically, projects utilizing Environmental Protection Fund grants and New York State Historic Tax Credits would be negatively affected, as this legislation would significantly increase the cost of completing such projects. This will lead to a dramatic reduction in the historic preservation projects that revitalize our communities and stimulate our economy.

Read more in our memo.

Updated memo regarding Prevailing Wage | March 2020

 

PLNYS Staff
Legislation Aimed at Mitigating Blight Passes in Senate & Assembly

This legislation (A4403/S1864) will help small and mid-sized cities in New York State mitigate the blight caused by vacant and abandoned buildings, while providing them with a more expedient mechanism to place the buildings with owners who can rehabilitate them.  

Click here to read the League’s Memo of Support.

Thank you to Assemblymember John McDonald (D-Cohoes), for introducing A4403, and to Assemblymembers Fahy, Gottfried, Otis, Raia, DiPietro, Peoples-Stokes, Woerner, Gunther, Palmesano, Steck, Friend, Morinello, Wallace, Hawley, Taylor, Arroyo, Cook, Crouch, Giglio, Griffin, Ramos, Sayegh, Schimminger, and Tague for co-sponsoring in the Assembly.

Thank you to Senator Gaughran for introducing S1864, and to co-sponsors Senators Helming and Parker.

NYSPLNYS Staff
Six NYC LGBT Sites Considered for Landmark Designation

On Tuesday, June 4th, the New York City Landmarks Preservation Commission will consider six NYC sites for designation as individual landmarks on the basis of their cultural significance, specifically the connection of these sites to New York City LGBT history. We produced this letter for our recent award-winner, the NYC LGBT Historic Sites Project, to express support for affording these important properties the full protection of the NYC Landmarks Preservation Law.

Read the League’s Letter of Support

From the NYC LGBT Historic Sites Project:

Following the 2015 designation of the Stonewall Inn, the upcoming June 4 hearing and subsequent vote are an opportunity for the LPC to further recognize our City’s important LGBT heritage. As the LGBT community in New York City, across the country and around the world come together to honor the legacy of the 1969 Stonewall uprising this June, the importance of these designations cannot be overstated.

The six LGBT historic sites to be heard on June 4th are a small sampling of the 200 researched and featured on our website, nyclgbtsites.org. We drew from this database when recommending to the LPC a list of approximately one dozen sites of significance to LGBT history and culture. We are proud that the six sites now under review are borne from the Project’s research and championing of LGBT historic sites worthy of designation.

Click here to learn more about the six sites up for consideration and how you can get involved.

PLNYS Staff
The House Appropriations Interior Bill Report

On May 21, the House Appropriations Interior bill report was released. We are pleased that it includes strong support for preservation and the Historic Preservation Fund. This includes important increases for SHPOs & THPOs, expansion for the Civil Rights Movement, Save America's Treasures and HBCU grant programs, and language expressing concern over the proposed rule changes to the National Register.

For more information, view the official press release and Preservation Action’s Legislative Update.

FederalPLNYS Staff
​Historic Tax Credit Growth and Opportunity Act (HTC-GO) Introduced in House

On May 17, legislation was introduced in the U.S. House of Representatives that would bring more value to historic tax credits and improve access to the credit and investment for smaller rehabilitation projectsH.R. 2825 introduced by Congressman Earl Blumenauer (D-OR) and co-sponsored by Darin LaHood (R-PA), Terri Sewell (D-AL), Mike Kelly (R-PA), Michael Turner (R-OH), and Brian Higgins (D-NY). Senate introduction of similar legislation is expected within the next few weeks. 

Read the NTCIC Action Alert to learn how this legislation would increase the value of HTC transactions and encourage redevelopment of smaller, income-producing properties. Please contact your New York Congressional Representative and encourage them to co-sponsor the Historic Tax Credit Growth and Opportunity Act, sponsored by Blumenauer/ LaHood in the House.

A special thank you to representative Brian Higgins (D-NY) for being an early co-sponsor of this legislation!