Cultural district could help spur development
The manager of a state program to promote cultural arts in Louisiana said a classic example of unintended benefits of the program can be found here in Farmerville.
In 2007, the Louisiana Legislature created the Cultural District program for communities to promote the state’s visual arts. One facet of the program is tax credits available to both residential and commercial property owners who do work to preserve older, historic buildings within the districts.
Program manager Gaye Hamilton said she learned an example of interest in the tax credits exists here in Farmerville.
“A property owner had purchased a building and was considering some improvements,” Hamilton said. “Someone told them to wait and take advantage of the tax credits. They stopped and will resume work on the building once you receive accreditation.”
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