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Five Central Pa., Lehigh Valley projects receive historic tax credits

//June 17, 2019

Five Central Pa., Lehigh Valley projects receive historic tax credits

//June 17, 2019

Five redevelopment projects in Berks, Lancaster and York counties will split nearly $700,000 made available by the state as part a bigger $3 million allocation of historic preservation tax credits.

The Wolf administration on Monday announced 24 projects across the state that will benefit from the tax credits, which are administered by the state Department of Community and Economic Development and the Pennsylvania Historical & Museum Commission.

Reading and Lancaster each have two projects, while York has one.

In Reading, $200,000 in tax credits will go to support the $6 million rehabilitation of the former Thomas A. Willson Co. building on Washington Street, which is being converted into apartments for artists in the GoggleWorks complex.

Another $50,000 in tax credits has been awarded to help fund an office renovation of the Corbit Brothers Building in the Callowhill Historic District.

In Lancaster, $200,000 in tax credits will be used as part of a market-rate apartment project at a vacant tobacco warehouse in the North Shippen/Tobacco Avenue Historic District. The cost of that project is estimated at $7.2 million.

A $1.3 million mixed-use project in the Marietta Historic District that will include a bicycle shop and apartments will receive $115,000 in tax credits.

Finally, the Rupp Building renovations in downtown York will receive $115,000 in tax credits as part of a $1.2 million makeover.