SCRANTON– State Rep. Marty Flynn, D-Lackawanna, has announced that $300,000 in funding from two tax credits will help convert historic buildings in downtown Scranton into neighborhoods apartments.
“We are revitalizing downtown Scranton by expanding housing options for our residents while preserving the historic architecture of the buildings,” Flynn said. “The economic benefits of revitalization will continue to stimulate the economy.”
Flynn said the projects are designed to rehabilitate the following structures:
The Historic Preservation Tax Credit program is administered by the Department of Community & Economic Development and Pennsylvania Historical & Museum Commission. Since 2013, it has invested more than $18 million to rehabilitate 105 historic buildings, leveraging an estimated $1.5 billion in construction expenditures. The investments have helped preserve buildings that contribute to the distinct character of Pennsylvania’s boroughs, townships and cities.