Economic Impact Study

Mill HouseEconomic Impacts of the Kansas State Rehabilitation Tax Credit Program

In 2009, Kansas Preservation Alliance partnered with the Kansas State Historic Preservation Office and the Mountain-Plains office of the National Trust for Historic Preservation to commission a study that demonstrated the economic benefits of the Kansas State Rehabilitation Tax Credit Program. Joining our neighboring states that had previously completed studies (Colorado, 2002, updated 2005, Missouri, 2002, Nebraska, 2007, and Oklahoma, 2008) to assess job creation, tax revenue increases, and property value increases brought on by historic preservation projects.

The Economic Impact Study confirmed Donovan D. Rypkema’s assessment in The Economics of Historic Preservation (2nd ed., 2005) that “dollar for dollar, historic preservation is one of the highest job-generating economic development options available.” Read all about the results and conclusions of the Economic Impact Study here.