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Seminar explains how old buildings can bring a city new life

November 28, 2011 05:00 PM | 0 0 comments | 7 7 recommendations | email to a friend | print
Restoring dilapidated historic buildings for affordable housing and commercial use spurs the local economy and creates jobs. Selling historic preservation and low-income housing tax credits to investors enables non-profit developers to make such projects financially sustainable, resulting in a win-win for everyone. Just ask Gary Beasley, who as executive director of the non-profit Neighbors of Watertown, Inc., has spearheaded $31.2 million worth of historic building rehabs in the northern New York city and nearby municipalities.
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