Iowa Awards Preservation Tax Credits To 13 Buildings

Brucemore Mansion, Cedar Rapids, IAPhoto: Brucemore

(Des Moines, IA) -- More than a dozen historic buildings in the state will share 19-(M) million dollars in tax credits. The Iowa Economic Development Authority says the Historic Preservation Tax credits program aims to help maintain the character of the original structures.

Among the buildings getting a tax credit is a 1930s-era building in Des Moines' East Village, which has been converted into new office space.

Cedar Rapids' Brucemore mansion is among the recipients. Brucemore is in the process of a multi-year derecho restoration project.

The Masonic Block building in McGregor (Clayton County) has also been awarded a tax credit. The building was constructed in 1866 and has been vacant for decades. Owners plan to transform it into retail space with upper-story apartments.

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