News & Updates

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FREE HISTORIC TAX CREDIT WORKSHOPS ON MARCH 2

JAMESTOWN, N.Y. (February 14, 2017) – One of the biggest challenges for Jamestown’s revitalization is the financial burden of renovating historic buildings. Grants and loan programs from the city, state, and foundations are available to help fill financial gaps however developers often need more support to sensitively restore older buildings and carry projects through to completion. Beginning in 2013, the Jamestown Renaissance Corporation (JRC) worked closely with the City to formally nominate the downtown Jamestown commercial district for historic designation. By November 2014, the district and just over 100 downtown properties were listed on both the State and National historic registers. With the downtown district listed, JRC turned its sights to Lakeview Avenue in 2015 with over 200 properties. The NYS and Federal Rehabilitation Tax Credit programs can be combined to cover 40% of qualified rehabilitation expenditures.

For the Downtown Jamestown Historic District, securing the historical designations means that most property owners can tap into historic preservation tax credits, one of the most lucrative and effective subsidies of recent years. The current federal and New York State tax credit programs have enabled much of the recent revitalization work in Buffalo and other parts of the state. Giving Jamestown property owners access to this subsidy significantly increases the chances of renovation downtown, improves the quality of the downtown environment, and increases the inventory of available space. Over time, this stimulates demand which brings new investments, rising rents, higher property values, a more stable financial picture for building owners, and a stronger tax base for the city.

The Lakeview Historic District is a unique opportunity to benefit our community, because unlike most states, New York State offers historic preservation tax credits to homeowners. This is the first residential neighborhood in Jamestown to be nominated. JRC worked with the State Historic Preservation Office to define the boundaries of the Lakeview district to be as broad as possible so that a large number of property owners would be eligible for the tax credits. Ultimately, over 200 properties were included in the designation. In December of last year, the nominating paperwork was approved by the State Preservation Review Board which added the district to the state register. It is now awaiting approval at the federal level.

 NYS AND FEDERAL REHABILITATION TAX CREDIT FOR INCOMEPRODUCING COMMERCIAL PROPERTIES

Thursday March 2 from 2:30-4:30 PM

Wright Conference Room, 2nd Floor

Reg Lenna Center for the Arts

116 East 3rd St, Jamestown

Presented by Julian Adams, NYS Parks and

Jason Yots, Preservation Studios

 

NYS HISTORIC TAX CREDIT FOR HOMEOWNERS

Thursday March 2 from 6:30-8:00 PM

Christ First United Methodist Church

663 Lakeview Ave, Jamestown

Presented by Sloane Bullough and

Jennifer Walkowski, NYS Parks

 Realtors, contractors, business and home owners, community leaders and anyone who wants to learn about new opportunities for community reinvestment should attend. These workshops are free and open to the public however advance registration is strongly encouraged as seating is limited. Please RSVP by February 27th by calling Mary Maxwell at 716-664-2477 ext. 224 and indicate Commercial or Homeowner.

To be eligible, your home or property must be located in the Lakeview Historic District or the Downtown Jamestown Historic District. For more information, call Larry Moss at (518) 268-2187. You can also learn more by visiting: https://parks.ny.gov/shpo/tax-credit-programs/

View the flyer here:

Historic Workshop Flyer

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Hello Jamestown, NY

From development projects to neighborhood revitalization, the City of Jamestown, New York, is experiencing an economic and cultural renaissance. Jamestown is a great place to live, work, play, and raise a family. For more information, visit www.jamestownupclose.com.

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Lakeview Avenue Joins Historic List

Homeowners along and near Lakeview Avenue can now receive tax credits for renovation work. Earlier this month, the state Board for Historic Preservation approved adding Lakeview Avenue to the state Register of Historic Places. This is the first residential neighborhood in Jamestown to be added to the list. Greg Lindquist, Jamestown Renaissance Corporation executive director, said adding Lakeview Avenue to the list follows the addition of downtown Jamestown to the list in 2014.

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CRCF to Sponsor Christmas Parade Fireworks

Businesses are expanding their hours and holiday decorations are lighting up the streets of downtown Jamestown in preparation for The Gift Exchange Christmas Parade and Holiday Celebration, presented by The Resource Center. One key part of the holiday parade year after year is the fireworks display lit from the top of the Spring Street parking ramp. Thanks to a generous contribution from the Chautauqua Region Community Foundation, the fireworks will again be a part of the 2016 event.

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JPD K9 Officer Mitchell Announced as Christmas Parade Grand Marshall, sponsored by Elite Kreation$ Auto Detailing

After sustaining injuries during the apprehension of a suspect in the city earlier this month, K9 Officer Mitchell of the Jamestown Police Department will be recognized as the City of Jamestown’s Christmas parade Grand Marshall. K9 Officer Mitchell, along with his handler Officer Eric Kraft, are being honored for helping keep the community safe. Their transportation in the parade is sponsored by Elite Kreation$ Auto Detailing.

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Shults Auto Group Announced as Official Transportation of Santa Claus

Shults Auto Group has been announced as the official transportation of Santa Claus at the Gift Exchange Christmas Parade and Holiday Celebration scheduled for Friday, December 2, in downtown Jamestown. Shults will provide transportation for Santa Claus through the holiday parade to City Hall as well as co-host a food drive that evening.

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Christmas Parade and Holiday Celebration Details Announced

We have announced the theme for this year’s downtown Jamestown holiday parade. The Gift Exchange Christmas Parade and Holiday Celebration, presented by The Resource Center, will feature pre-parade musical entertainment, a traditional tree lighting ceremony with Mayor Sam Teresi, and a fireworks display above the Spring Street parking ramp. Applications to participate in the parade are now being accepted and are available for download online.

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Details for 2017 Jamestown’s Renaissance Block Challenge Announced

The Jamestown Renaissance Corporation (JRC) has announced details for the 2017 Renaissance Block Challenge, a program that offers matching funds to home owners up to $2,000 to put towards exterior home improvements. The program encourages and rewards neighborhood groups to work together in an effort to reinvest in their own communities.

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Jamestown Neighborhood Alliance (JNA) will host a discussion by the Chautauqua County Land Bank Corporation

The Jamestown Neighborhood Alliance (JNA) will host a discussion by the Chautauqua County Land Bank Corporation concerning the many ways the organization is fighting blight in the community. The Land Bank presentation will be held on Thursday, August 25, at 7:00 pm at the Lillian Vitanza Ney Renaissance Center located at 119-121 W. Third Street. The presentation, which is free and open to the public, will be followed by an opportunity for attendees to ask questions.

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