Missouri Lt. Governor Peter Kinder held a press conference this morning in support of Historic Tax Credits in front of the Old Post Office, Downtown St. Louis. Please see this St. Louis Business Journal article below by Lisa Brown, describing the event. Thanks to all those who participated and were able to attend! Click on the link to the article below, where you are encouraged to post comments.

Kinder touts benefits of tax credits

 St. Louis Business Journal - by Lisa R. Brown

Be sure to see the video link of Representative Diehl in the article.

Below is STL Today's recap of Governor Nixon's Capital News Conference surrounded by university and public school officials. Labor and Economic Development groups would also like to meet with the Governor personally to discuss this issue and find an appropriate solution. The coalition does not believe this is an issue that should be framed as Jobs vs. Education. This is particularly true given we are in the worst jobs, housing and financial crisis since the Great Depression. We need leadership that moves our entire state forward. 

A MO Growth/Saint Louis University study says the historic tax credit program more than pays for itself. 

For those of you who do not know (as we did not) what "moribund" means in Virginia Young's article, Merriam-Webster dictionary defines it as: "being in the state of dying, approaching death; being in a state of inactivity or obsolescence."

This pie chart, developed to show where the money goes in a typical development project, was designed from an actual St. Louis LIHTC and Historic tax credit project. It was cost certified by an independent accounting firm. More than 60 professional groups benefit from an average development project. 

These talking points and letter to the Governor were distributed Friday, April 16th at the Spring Real Estate Forum: Historic Tax Credits panel discussion featuring:

Zack Boyers, Chairman and CEO of US Bancorp Community Development Corporation

Kevin Buchek, President of EM Harris Construction

Andrew Smith, VP and Historic Studio Director of Trivers Associates

Thomas K. Vandiver, Partner of Sonnenschein Nath & Rosenthal LLP 

Contact your legislator and tell him/her that you support Historic Tax Credits. Attached is a list with contact information.