12.05.2016

Main Street Revitalization Act

In 2014 the Colorado Legislature passed HB14-1311, the "Colorado Job Creation and Main Street Revitalization Act," which provided tax credits for Colorado communities to use to boost economic development -- including job creation and tourism -- while preserving the community's unique historic commercial structures.  So how has it been doing so far?  According to the Colorado Department of Local Affairs (DOLA), which administers the Colorado Main Street Program, the Act led to the creation of "266 full-time jobs, 111 part-time jobs and 98 new businesses throughout the 14 Colorado Main Street communities."  In addition, "The Colorado Main Street program helped reinvest in physical improvements from public and private sources during 2015. These improvements included 17 fa├žade updates and the rehabilitation of 98 buildings in all of the 14 Colorado Main Street communities."


Are you interested in getting your town involved in the Main Street initiative?  Check out these resources from DOLA, including the official manual and a downtown planners' guide. When your community has decided to join, go to the Join Main Street page to sign up.

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