AIA New Jersey Members Testify on Behalf of Historic Preservation Tax Credit Bill

November 7, 2018

AIA NJ Members Michael Calafati, AIA, and Michael Hanrahan, AIA, recently testified in support of the Historic Property Reinvestment Act (S1740/S2031)

Michael Hanrahan, AIA, third from left, and Michael Calafati, AIA, far right, testifying before the Senate State Government, Tourism and Historic Preservation Committee on the Historic Preservation Tax Credit Bill

 
Past President and current chairman of the AIA NJ Legislative and Government Affairs Committee, Hanrahan, presented data demonstrating the benefits of preserved historic buildings to the character and commitment of a community, the financial opportunities for the state, and the current legislative status of our regional state neighbors. 
 
AIA NJ Historic Preservation Committee Chairman Michael Calafati, AIA, presented a bit on the history of HPRA, the opportunity for the construction industry and therefore growth of the entire state economy, along with the environmental and nostalgic benefits to individual communities when they commit to preserving their historic buildings. Calafati also provided data regarding the potential new revenue that the tax credit could generate. 
 
These AIA NJ members participated alongside their colleagues from Preservation New Jersey. The result was positive at this intermediate step towards the ultimate goal of a Historic Property Reinvestment Act. 
 
AIA NJ thanks Hanrahan and Calafati for their commitment to this goal to benefit all of New Jersey, our history and our membership. 
 
We will continue to follow this developing opportunity. 
 
 

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