Freeman announces preservation grant for Easton’s Simon silk mill project
EASTON, Aug. 9 – State Rep. Robert Freeman announced today that the Simon Silk Mill in Easton was awarded $200,000 in tax credits through the 2017-18 Historic Preservation Tax Credit program, leveraging more than $7 million in estimated construction expenditures.
“The use of these historic tax credits will greatly assist the ongoing revitalization of the former silk mill complex," said Freeman, D-Northampton. "We have already seen how the Simon Silk Mill is being transformed into apartments, restaurants and other commercial spaces. This funding will compliment that effort and help keep it moving forward."
Freeman said the use of historic tax credits for the rehabilitation of the impressive 19th-century buildings that make up the silk mill complex reflects the historic significance of this National Historic Register-listed property.
“The Simon Silk Mill complex demonstrates the great potential that comes from the adaptive reuse of older factory buildings,” Freeman noted.
The Department of Community and Economic Development, in conjunction with the Pennsylvania Historical and Museum Commission, administers the Historic Preservation Tax Credit Program. Since 2013, the program has invested more than $15 million to revitalize 81 historic buildings across the commonwealth that contribute to the distinct character of Pennsylvania.
The application date for fiscal year 2018-19 is Nov. 1. More information about the program can be found at DCED’s website at https://dced.pa.gov/hptc.