Tax Credits Have Had Major Impact on Guilford Economy

Economic Impacts of RehabilitationTax Credit Investment 2001 through 2012 in North Carolina Total Number of Projects: 484 Total Development Expenditures: $1,098,143,898 Construction Jobs: 8,291 Permanent Jobs: 10,258 Total Number of Jobs: 18,549 Household Income Generated: $612,312,900 Rehabiliatation Tax Credit Investment 1979 through 2013 in Guilford County Total Number of Projects in Guilford County 1979-2013: 50…

Preservation Awards Recognize Notable Greensboro Projects and People of 2013

Members and friends of Preservation Greensboro met on February 18th to celebrate achievements of the past year at their 48th Annual Meeting held at the Greensboro Country Club. The organization reviewed benchmarks of 2013 and looked forward to planned events and activities in the year ahead such as the Tour of Historic Homes and Gardens in Westerwood…

Unusual Southside Bungalow Slated for Restoration

A 1923 Craftsman bungalow in the Southside neighborhood will undergo a complete restoration by a well-known restoration team. The Coltrane-Gray House stands at 316 Murray Street in the midst of the Southside neighborhood. The home was one of a handful of properties that did not go through rehabilitation by Southside Builders a decade ago when…

College Hill Home With Rich Past Available For Major Restoration

The Carrie and Charles Angle House at 919 Spring Garden Street in College Hill is for sale through the summer in hopes that it will be purchased and restored. The home is an excellent example of an American Foursquare with Colonial Revival features. It was damaged by fire in 2011, but Preservation Greensboro is marketing…

Historic Preservation Sought on Key Greensboro Landmark

The three-story, brick building at 408-410 South Elm Street was included as part of the Downtown Greensboro National Register Historic District in 1982. In 2006 it was recognized as a local Landmark Property by City Council. It has been granted a Certificate of Appropriateness for demolition, twice. However, today the Cascade Saloon remains standing and…

Iconic Guilford County Neighborhoods Receive National Register Recognition

Two iconic Guilford County neighborhood nominations were accepted by the National Park service this month that expanded the National Register of Historic Places program to hundreds of homeowners. The National Register of Historic Places is the America’s list of places worthy of recognition and preservation. The program was authorized by the National Historic Preservation Act…

Preservation Awards Recognize Greensboro Projects of 2010

Historic preservation is about community reinvestment, renewal, pride of place, and building our city’s tax base one property at a time. At PGI’s 2010 Annual Meeting, members took an opportunity to recognize those who have contributed to historic preservation by restoring properties over the past year. Attended by 135 people, the event held at Revolution…

MoJud Mill Considered For Mixed-Use Preservation Project

The Mock Judson Voehringer Hosiery Mill, located in western Greensboro, stands as a touchstone to Greensboro’s textile manufacturing past. However, with the recent loss of the Pomona Cotton Mill, this structure stands as one of the few early industrial buildings in this section of Greensboro and could be a role model for additional adaptive- and…

Historic Preservation, Revitalization, and Job Creation

A new report by researchers at Rutgers University examines the economic impact of the Federal Historic Tax Credit. Enacted by Congress in 1981 as part of an economic stimulus package, the Federal Historic Tax Credit (HTC) provides a 20% income tax credit for the rehabilitation of certified income-producing historic properties. This study presents information regarding the…