Economic Impacts of
the Kansas State Rehabilitation Tax Credit Program
In
2009, Kansas Preservation Alliance partnered with the Kansas State Historic
Preservation Office and the Mountain-Plains office of the National Trust for
Historic Preservation to commission a study that demonstrated the economic
benefits of the Kansas State Rehabilitation Tax Credit Program. Joining our neighboring states that had previously
completed studies (Colorado, 2002, updated 2005, Missouri, 2002, Nebraska,
2007, and Oklahoma, 2008) to assess job creation, tax revenue increases, and
property value increases brought on by historic preservation projects.
The
Economic Impact Study confirmed Donovan D. Rypkema’s assessment in The Economics of Historic Preservation
(2nd ed., 2005) that “dollar for dollar, historic preservation is
one of the highest job-generating economic development options
available.” Read all about the results and conclusions of the Economic Impact Study here.