Hill-Evans announces $500,000 in tax credits for York
Rep. Carol Hill-Evans July 20, 2021 | 10:19 AM
HARRISBURG, July 20 – State Rep. Carol Hill-Evans, D-York, today announced that York County has been awarded $500,000 in Historic Preservation Tax Credits. These tax credits were awarded through the Historic Preservation Tax Credit program, administered by the Department of Community and Economic Development and Pennsylvania Historical and Museum Commission.
The tax credits will be awarded for two building projects in the York Historic District. A $200,000 tax credit will be awarded for the York Hospital and Dispensary to rehabilitate a hospital complex and turn it into affordable senior housing. Additionally, a $300,000 tax credit will be awarded for the Yorktowne Hotel to enhance a rehabilitation project for continued hotel operations.
“Investing in historic properties to bring revenue opportunities into the district and much-needed housing is a way to guarantee state funding is coming back to York and meeting the community’s needs,” Hill-Evans said.
The tax credits were awarded through the Historic Preservation Tax Credit program, administered by the Department of Community and Economic Development and Pennsylvania Historical and Museum Commission.
Since 2013, the Historic Preservation Tax Credit program has invested more than $28 million to rehabilitate 154 historic buildings, leveraging an estimated $2 billion in construction expenditures. The investments have helped preserve buildings that contribute to the distinct character of Pennsylvania’s boroughs, townships and cities.