OLEAN, NY - Olean Business Development is hosting a pair of presentations on May 17 about accessing historic tax credits for commercial and residential properties.
The sessions are meant for those who are considering or may be completing renovations to properties located within the Oak Hill Park and Downtown Olean historic districts. Both seminars will be held in Olean Business Development’s Carney Lecture Hall, 301 N. Union St., Olean, and are free of charge.
The first workshop, “Historic Building: Commercial Tax Credits,” is scheduled for 3 to 5 p.m. Presenters include Sloane Bullough from the State Historic Preservation Office and Jason Yots, principal and CEO of Preservation Studios. This seminar will focus on how property owners can access state and federal tax relief for commercial buildings in need of qualified repairs that are located within a National/State Historic District or listed on the National/State Register of Historic Places.
The second presentation, “Historic Home: Homeowner Tax Credits,” is scheduled from 6 to 8 p.m. and will focus on how those owning residential property located within a National/State Historic District or listed on the National/State Register of Historic Places can access a New York state historic tax credit for qualified repairs and rehabilitation. The presenters include Bullough, Erin Tobin of Preservation League of New York State, and Christy Limniatis from Preservation Buffalo Niagara.
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