Senator Castro working to bring new development to ElginThe City of Elgin may soon see a face lift thanks to new legislation passed by the Illinois Senate this week. The measure, Senate Bill 1783, would extend the Illinois Historic Preservation Tax Credit Program, bringing much needed funds to restore older buildings.

State Senator Cristina Castro (D-Elgin), who cosponsored the legislation noted that not only will this legislation bring funds to help restore buildings in downtown Elgin, it will also help bring economic development to the city.

“Yes, this legislation is important because it helps restore older structures to their former beauty, but looking at the bigger picture it helps create good paying jobs in our community,” said Castro. “I came to Springfield to make sure the people of my district are receiving the things they need from the state. Job creation and economic development is a key component of that.”

According to the City of Elgin, about 100 buildings in the downtown Elgin area can potentially be rehabilitated if the measure is passed.

The measure passed the Senate Friday and now goes to the House for consideration.

Category: News

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