State Development Department Brings Two Tax Credits to Town
December 15, 2021 6:40AM EST
Downtown Canton (City of Canton)
CANTON, Ohio (News Talk 1480 WHBC) – They’re important to the restoration of older buildings in Ohio.
Historic preservation tax credits.
The Ohio Department of Development brought a couple of those credits to Canton on Tuesday.
Like $2 million to update the McKinley Park high-rise apartment building at High Avenue and 5th Street SW.
It’ll be converted to affordable senior housing following a $14 million remodel.
A developer will convert the building from SMHA housing to 80 affordable senior living units
Also receiving funding, the former Landmark Tavern building in the 500 block of East Tusc, getting $250,000 in tax credits.
