Plexpod Westport Commons wouldn't exist without the historic tax credits used to make the massive renovation and preservation project financially feasible, said developer Butch Rigby. A GOP-led tax reform bill introduced this month to simplify the tax code, however, would eliminate the Reagan-era tax credit program , which provides a 20 percent federal tax credit for historic building rehab projects that can produce revenue-generating properties like Westport Commons .
Monday, November 13, 2017
Missouri GOP Historic Tax Cut Crackdown Threatens Kansas City Rehab Boom
Conservatives pull back an old school subsidy that's a staple of local development schemes. Read more: