For those wondering about the cost of renovation of the old Houston High School structure on the district campus, here’s another voice from Augusta Street…from Mary Lilly Smith, who was quoted in today’s News-Leader. Smith, a Houston native, grew up on Augusta Street.

The story focused on the state’s commitment to historic tax credits and its affect on projects in Springfield.

“Those tax credits are critical to that (redevelopment),” said Mary Lilly Smith, economic development director of the city of Springfield.

Because it’s often twice as expensive to renovate a 100-year-old building as it is to construct a new one, the state and federal historic tax credits entice developers to “make it work financially,” Smith said.

Smith said capping the tax credit program would put smaller communities at a disadvantage over St. Louis and Kansas City, which would likely eat up the available money first.

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