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Council urges Congress to keep historic tax credit
Measure offers incentives for repurposing historic buildings
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The Gainesville City Council has joined other municipalities across the state in signing a letter of support for the federal historic tax credit, which offers incentives for the reuse of historic buildings to drive economic development and create new jobs. The tax credit is particularly beneficial to Gainesville, which has a number of historic homes and buildings that have been repurposed for commercial use over the years. “We’ve got a tremendous inventory of historical homes and properties in and around Gainesville,” said Mayor Danny Dunagan.