Understanding why preserving historic places makes good economic sense can sometimes seem complex and hard to explain. But fortunately our guest today is Donovan Rypkema, the Principal of PlaceEconomics and the President of Heritage Strategies Internationa, and a man who has made a career out of explaining the interplay of economics, real estate, and preservation. Donovan is one of the world thought leaders on preservation economics, and he and Nick talked about the research that Donovan and others have done into the economic benefits of preservation, both short and long term, as well as the uncertain future of the Federal Historic Tax Credit program. This is PreserveCast.
Here is a link to the most recent blog post from Preservation Maryland on the Federal Historic Tax Credit. Here you can find a video from Nick explaining the threat to the program, as well as a link to contact your representative in congress and links that go in to more detail on what the program does: (http://www.preservationmaryland.org/advocacy-alert-federal-historic-tax-credit/)
Also, here is a link to PlaceEcnomics' "38 Reasons to Keep the Federal Historic Tax Credit": (http://www.placeeconomics.com/wp-content/uploads/2017/09/38-Reasons-to-Keep-the-Federal-Historic-Tax-Credit-V5.pdf)