Recently, The Knapp’s Centre project was featured on the cover, and cited as a case study in the most recent Annual Report on the Economic Impact of the Federal Historic Tax Credit Report for the 2014 fiscal year, published by Rutgers and The National Park Service. The report focuses on the economic impact the federally funded 20% tax credits have in rehabilitation of income-producing historic properties. While this tax credit supports the cost for rehabilitation of a historic property, the last affects in the community is much greater. In the past year alone, the $4.8 billion historic tax credits investments generated approximately 78,000 jobs, $4.6 billion in gross domestic products, $3.4 billion in income, and $1.2 billion in added taxes.  
 
We are seeing the impacts these tax credits have on communities, specifically in the Midwest hard hit by changing economy including Lansing, Flint, Toledo, Cleveland, and Detroit. It’s rewarding to be involved in projects that leave a greater impact on a community, than just the building itself.