PNS Daily Newscast - May 24, 2019 

President Trump's reported to be ready to sign disaster relief bill without money for border security. Also on the Friday rundown: House bills would give millions a path to citizenship; and remembering California’s second-deadliest disaster.

Daily Newscasts

Historic Bill-Signing to Preserve Historic Iowa Buildings

May 22, 2007

There's some new life for Iowa's oldest buildings this week. Iowa's Historic Preservation Tax Credit Program ran out of funding in 2005, but it's back in business after the governor signed a bill to reauthorize it Monday. The bill provides $45 million in tax credits over the next three years. Rod Scott with the Iowa Cultural Coalition says building owners can get money to offset the cost of refurbishing historic buildings, and he notes that many of those buildings are in small town Iowa where the credits can provide a needed economic boost.

“It generates jobs during the rehabilitations. It also generates, very often, new living spaces and quite often, affordable living spaces.”

Scott believes this brings redevelopment to cities and towns instead of sprawl on the fringe.

“[We have] the continuous building out to the edge of the community, developing farmland and things like that, and we really got to look at this post-World War II way that we do things.”

He points out that under the program, a property owner can actually recoup about 45 percent of the rehabilitation costs that qualify, such as window replacement, foundation work, and plaster repair.

Dick Layman/Chris Thomas, Public News Service - IA