Magic City Marketplace: The Future of the Historic Tax Credit

 ========= Old Image Removed =========Array
(
    [_wp_attached_file] => Array
        (
            [0] => 2015/02/6757821397_ba181435ea_Tax-Credit.jpg
        )

    [_wp_attachment_metadata] => Array
        (
            [0] => a:5:{s:5:"width";i:500;s:6:"height";i:375;s:4:"file";s:44:"2015/02/6757821397_ba181435ea_Tax-Credit.jpg";s:5:"sizes";a:6:{s:6:"medium";a:4:{s:4:"file";s:44:"6757821397_ba181435ea_Tax-Credit-336x252.jpg";s:5:"width";i:336;s:6:"height";i:252;s:9:"mime-type";s:10:"image/jpeg";}s:9:"thumbnail";a:4:{s:4:"file";s:44:"6757821397_ba181435ea_Tax-Credit-140x140.jpg";s:5:"width";i:140;s:6:"height";i:140;s:9:"mime-type";s:10:"image/jpeg";}s:9:"wbhm-icon";a:4:{s:4:"file";s:42:"6757821397_ba181435ea_Tax-Credit-80x80.jpg";s:5:"width";i:80;s:6:"height";i:80;s:9:"mime-type";s:10:"image/jpeg";}s:18:"wbhm-featured-home";a:4:{s:4:"file";s:44:"6757821397_ba181435ea_Tax-Credit-415x311.jpg";s:5:"width";i:415;s:6:"height";i:311;s:9:"mime-type";s:10:"image/jpeg";}s:22:"wbhm-featured-carousel";a:4:{s:4:"file";s:44:"6757821397_ba181435ea_Tax-Credit-353x265.jpg";s:5:"width";i:353;s:6:"height";i:265;s:9:"mime-type";s:10:"image/jpeg";}s:14:"post-thumbnail";a:4:{s:4:"file";s:44:"6757821397_ba181435ea_Tax-Credit-125x125.jpg";s:5:"width";i:125;s:6:"height";i:125;s:9:"mime-type";s:10:"image/jpeg";}}s:10:"image_meta";a:12:{s:8:"aperture";s:1:"0";s:6:"credit";s:0:"";s:6:"camera";s:0:"";s:7:"caption";s:0:"";s:17:"created_timestamp";s:1:"0";s:9:"copyright";s:0:"";s:12:"focal_length";s:1:"0";s:3:"iso";s:1:"0";s:13:"shutter_speed";s:1:"0";s:5:"title";s:0:"";s:11:"orientation";s:1:"0";s:8:"keywords";a:0:{}}}
        )

    [_imagify_optimization_level] => Array
        (
            [0] => 1
        )

    [_imagify_data] => Array
        (
            [0] => a:2:{s:5:"stats";a:3:{s:13:"original_size";i:148588;s:14:"optimized_size";i:82370;s:7:"percent";d:44.560000000000002;}s:5:"sizes";a:9:{s:4:"full";a:5:{s:7:"success";b:1;s:8:"file_url";s:72:"https://news.wbhm.org/media/2015/02/6757821397_ba181435ea_Tax-Credit.jpg";s:13:"original_size";i:148588;s:14:"optimized_size";i:82370;s:7:"percent";d:44.560000000000002;}s:9:"thumbnail";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:6:"medium";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:9:"wbhm-icon";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:13:"wbhm-featured";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:20:"wbhm-featured-square";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:18:"wbhm-featured-home";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:22:"wbhm-featured-carousel";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:14:"post-thumbnail";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}}}
        )

    [_imagify_status] => Array
        (
            [0] => success
        )

)
1669066518 
1422835200

Some of downtown Birmingham’s redevelopment projects have been helped along by Alabama’s historic tax credit. But that credit is capped and will sunset next year. So developers and political leaders are debating what to do with this popular incentive. We hear more from Cindy Fisher Crawford in this week’s Magic City Marketplace. Photo by 401(K) 2013

 

The Gulf States Newsroom is hiring an Audio Editor

The Gulf States Newsroom is hiring an Audio Editor to join our award-winning team covering important regional stories across Mississippi, Alabama and Louisiana.

Judge orders new Alabama Senate map after ruling found racial gerrymandering

U.S. District Judge Anna Manasco, appointed by President Donald Trump during his first term, issued the ruling Monday putting a new court-selected map in place for the 2026 and 2030 elections.

Construction on Meta’s largest data center brings 600% crash spike, chaos to rural Louisiana

An investigation from the Gulf States Newsroom found that trucks contracted to work at the Meta facility are causing delays and dangerous roads in Holly Ridge.

Bessemer City Council approves rezoning for a massive data center, dividing a community

After the Bessemer City Council voted 5-2 to rezone nearly 700 acres of agricultural land for the “hyperscale” server farm, a dissenting council member said city officials who signed non-disclosure agreements weren’t being transparent with citizens.

Alabama Public Television meeting draws protesters in Birmingham over discussion of disaffiliating from PBS

Some members of the Alabama Educational Television Commission, which oversees APT, said disaffiliation is needed because the network has to cut costs after the Trump administration eliminated all funding for public media this summer.

Gov. Kay Ivey urges delay on PBS decision by public TV board

The Republican governor sent a letter to the Alabama Educational Television Commission ahead of a Nov. 18 meeting in which commissioners were expected to discuss disaffiliation.

More Economy Coverage