Friday, January 3, 2014

More details posted on historic tax credit projects

The Division of Taxation today disclosed details about more projects involving the state's historic preservation tax credit program.

Once a developer signs a contract with the agency for historic tax credits, details of the contract become public information. The Division of Taxation posts the details on a special section of its website in keeping with the transparency requirements of the law.

The online section now has information on six projects - including one posted yesterday and two today. (One of the contracts posted today involves $4 million in credits -- the largest amount yet.)