Franklin Theatre will Host TN Historic Tax Credit Discussion

tn state historic tax discussion

The Heritage Foundation of Williamson County, TN will host “America’s Heart is in Our Small Towns”: TN State Historic Preservation Tax Credit Panel Discussion on January 14 at The Franklin Theatre in downtown Franklin, TN.

Experts and preservation leaders from Heritage Foundation division and local main street program, Downtown Franklin Association; Tennessee Historic Commission; American Institute of Architects, Tennessee Society (AIA Tennessee); and the National Trust for Historic Preservation will also participate in the discussion.

Bari Beasley, CEO of the Heritage Foundation said, “Not only does our organization save the places that matter in our community, but we also advocate for more accessible means to historic preservation. It takes a community of property owners, preservationists and others to restore and revitalize historic assets within our community and the entire state. We hope this panel discussion will educate our community about this important resource and resonate with our state elected officials to strongly consider passing this credit for Tennessee.”

The program will cover related topics applicable to state and local elected officials, government agencies, architects, preservationists, property owners, main street districts and others. Panelists include Dr. Blake Wintory, Director of Preservation for the Heritage Foundation of Williamson County, TN; Jill Burgin, Executive Director of the Main Street Program for the Heritage Foundation and Downtown Franklin Association; Patrick McIntyre, State Historic Preservation Officer and the Executive Director of the Tennessee Historical Commission; Cyril Stewart, local architect and preservationist representing AIA Tennessee; and Renee Kuhlman, Director of Policy Outreach, Government Relations & Policy, National Trust for Historic Preservation. Bari Beasley, CEO of the Heritage Foundation will moderate the discussion. 

Renee Kuhlman from the National Trust explained, “When states enact historic tax incentives, the result has been greater developer interest in investing in our smaller towns.”

According to the National Trust for Historic Preservation, Tennessee is one of only 15 states in the U.S. that does not offer state historic tax credits to help revitalize main street communities, create jobs and put vacant historic buildings back on the tax rolls. Historic tax credits encourage the rehabilitation of smaller historic buildings in rural areas as well as those in larger towns and cities. Studies find that one-third of participating states’ investments in historic tax credits is paid back during the construction phase and the remainder is paid back between four to nine years after the restored and rehabilitated building is put in service.

The panel discussion is free and open to the public. Doors open and refreshments will be available beginning at 5:30 pm with the program beginning at 6:00 pm. RSVPs are required; attendees can RSVP at WilliamsonHeritage.org/HistoricTaxCredit.

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