Officials To Discuss Preserving Historic Detroit Buildings
DETROIT (AP) — Interior Secretary Ken Salazar plans to speak in Detroit on Friday about preserving the city’s historic buildings.
U.S. Sen. Carl Levin says he and Salazar will host a meeting with economic development, design and real estate leaders to discuss the Federal Historic Preservation Tax Incentives Program.
The program is designed to spur development in economically challenged cities.
Salazar says that since 2000, the program has assisted in preserving and restoring 70 projects in Detroit. He says the projects represent “more than half a billion dollars in private investment.”
Before the meeting, Levin says he and Salazar will tour the rehabilitated Odd Fellows Building on Detroit’s southwest side. Tax credits helped with improvements to the building.
The credits have been used to rehabilitate about 39,000 historic buildings nationwide.
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