A new report issued by a Twin Cities think tank is calling on the state legislature to extend and expand a tax credit for rehabbing historic buildings in the state...something local officials say would benefit Winona.
Lee Eggstrom, with Minnesota 20-20, a left-leaning, private, non-profit group, said lawmakers should extend the Minnesota Historic Rehabilitation Credit past 2015 and also include credits for mid-century buildings around the state, many of which are now vacant.
Winona Mayor Mark Peterson, who also heads up the Winona County Historical Society, says he is supporting the Minnesota 20-20 effort and the expansion of the tax credit.
Winona Economic Development Director, Lucy McMartin, says the report goes right along with the Main Street program being initiated by the Winona Chamber and the city, and a revolving loan program the city currently has for rehabbing old buildings.