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Home / Commercial Construction / Cap on historic tax credits has some worried about larger projects

Cap on historic tax credits has some worried about larger projects

At least one developer is warning that the new $500,000 cap placed on historic tax credits will dissuade him and others from undertaking large and costly renovation projects. Michael Frantz, chief executive officer of Cedar Rapids, Iowa-based Frantz Community Investors, said the $500,000 limit – which became law as part of the budget plan Gov. Scott ...

About Alex Zank, alex.zank@dailyreporter.com

Alex Zank is a construction reporter for The Daily Reporter. He can be reached at 414-225-1820.

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