Do you own a historic residential or commercial building, or might you be interested in purchasing one? Learn about a variety of financial incentives that are available for property renovations at a workshop Alton Main Street is co-presenting with Alton’s Historic Commission and the Alton Area Landmarks Association on Wednesday, October 8th at 7pm at The Wedge Innovation Center.

TAKING THE NEXT STEP

To assist existing and potential Alton residents and entrepreneurs to take the next step in upgrading their homes and commercial structures, the Alton Historical Commission along with Alton Area Landmarks Association and Alton Main Street have brought together State and Local officials to present programs currently available to assist in renovating existing structures and developing new construction.

Anna Margaret Barris
Project Reviewer for the State Historic Preservation Office will present:

  • The Property Tax Assessment Freeze Program for certified historic single-family, owner-occupied homes that undergo substantial rehabilitations.
  • The Federal Historic Preservation Tax Credit Program provides a 20% federal income-tax credit for owners of income-producing, historic buildings that undergo substantial rehabilitations.

Greg Caffey
Planning and Development Director, City of Alton will present:

  • The Tax Increment Financing (TIF) incentives for infrastructure improvements, land acquisition, site clearance and preparation, revolving loans and interest subsidies, building rehabilitation, and professional services.
  • The Enterprise Zone incentives for jobs tax credits, utility tax exemption, sales tax exemption on qualified building materials, and potential property tax abatement.
  • The Commercial Facade Program available for commercially zoned businesses to improve the exterior facades of a building.

OCTOBER 8, 2025
7:00PM–9:00PM
WEDGE BUILDING
620 E BROADWAY, ALTON, IL 62002

To sign up for this seminar, click on this link.