Making Dollars and Sense of Historic Tax Credits workshop on June 1

RUMFORD — A workshop will take place to help property owners in Rumford’s two historic districts — downtown Rumford and Strathglass Park — take advantage of historic tax credits to renovate their property.

The workshop will take place from 4 to 5:30 p.m. Thursday, June 1, in the Rumford Falls Auditorium of Rumford Town Hall. It is being sponsored by EnvisionRumford, Community Concepts Finance Corp. along with Key Bank, Bangor Savings Bank, Franklin Savings Bank, the town of Rumford and the River Valley Chamber of Commerce.

Attendees will hear how to apply for tax credits that are available from the state and federal governments, including the eligibility criteria, what type of work qualifies, how to submit a grant application, when call in the pros and where the money is buried.

Attendees will also hear from a property owner in downtown Lewiston on how he and his wife renovated a building that has commercial and residential space.

The public is welcome to bring questions for the speakers.

Workshop presenters include Chris Closs, field service representative for Western/Southern Maine with Maine Preservation; John Egan, senior vice president, loans and investment, Coastal Enterprises Inc.; Michael Johnson, historic preservationist with Maine Historic Preservation Commission; and Kevin Morin, architect and owner of 46 Lisbon St., Lewiston, who used the state and federal tax credits to renovate his property to include commercial and residential space.

Randy Therrien, president of EnvisionRumford and manager of the Key Bank branch in downtown Rumford, will moderate the workshop and Jennifer Kreckel, downtown property owner and vice president of EnvisionRumford, will speak about her vision for the downtown.

The workshop is free and open to all. Light refreshments will be provided.