The University of Minnesota has released a new report entitled, “Economic Impact of Projects Leveraged by the Minnesota Historic Rehabilitation Tax Credit.” The report analyzes the economic impact of the Minnesota Historic Rehabilitation Tax Credit, which was signed into law in April 2010. Among other things, the report finds that 14 tax credit projects have supported 2,948 jobs and the credit has spurred projects worth an estimated $343 million.
To read the report, click here.