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Old Negro Leagues Ballpark in Paterson, N.J., Gets Financing : CEG


Thu June 10, 2021 - National Edition
CEG
The $94-million financing for the redevelopment of Hinchliffe Stadium, a former Negro Leagues ballpark in Paterson, NJ, has been finalized by BAW Development, paving the way for work to continue. (BAW rendering)
Financing has been finalized to redevelop Hinchliffe Stadium, a former Negro Leagues baseball park in Paterson, N.J., clearing the way for work to continue the $94 million project.
One of only four remaining Negro Leagues ballparks still standing, Hinchliffe Stadium opened in 1932 and was home to, at various times, the New York Black Yankees and New York Cubans during the ‘30s and ‘40s. A range of events took place at the park, including car racing, boxing concerts and shows featuring the old Abbott and Costello comedy team. After the war years, it served as a sports venue for three different Paterson-area high schools. ....

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Letter: Extend Minnesota's Historic Tax Credit


Letter: Extend Minnesota s Historic Tax Credit
The Historic Tax Credit is one of the most powerful tools in local economic development,  job creation and stimulation of entrepreneurship that any community can make.
Written By:
Elicia Kortus, President, Reclaim Community, Jasper |
10:30 pm, Apr. 7, 2021
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In the wake of COVID-19, creating economic growth, good paying jobs and vitality in our community has become more important than ever. Since 2010, the bipartisan-supported Minnesota Historic Structure Rehabilitation Tax Credit has served the state in countless ways. The tax credit has generated over $3.5 billion for Minnesota’s economy, created over 18,650 jobs and generates economic growth in 97% of our state’s industries. In Greater Minnesota in particular, the tax credit has shown large returns, where projects in 2019 generated up to $16 for their communities for every $1 of tax credit invested, which is a powerful economic gr ....

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