Additional Rural Properties Approved for Historic Tax Credit
December 29, 2020
The Historic Tax Committee reviewed and approved new applications for the Alabama Historic Tax Credit at its meeting on December 16. Lisa Jones, the director of the Alabama Historical Commission, led the virtual meeting.
Stemming from two new projects and two existing projects, all four projects are from rural counties. The information on the projects is as follows:
Building (location) | Amount Requested |
Howell School (Dothan) | $164,577.50 (Supplemental) |
Fort McClellan Industrial HD (Anniston) | $2.283 million |
113 2nd Avenue SE (Decatur) | $50,000 |
Fort McClellan 252 (Anniston) | $72,754.50 (Supplemental) |
All four requests were allocated funds in 2021. This brings the total rural allocation remaining for 2021 to almost $3.2 million, while all of the 2022 rural allocation remains unallocated.
For more information on the Alabama Historic Tax Credit, see our past article here. A map with all projects approved to receive the Tax Credit is below.