CASTLE HILLS, Texas – The state board of review for the Texas Historical Commission approved the nomination of the Wedgewood Senior Living Apartments to the national register of historic places.
The nomination now gets passed on to the National Park Service, where it is likely to be accepted.
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Being placed on the national register not only recognizes the architectural significance of the building, but also paves the way for the owners to get help with renovation and repairs.
“It does also open up the doors for tax credits -- federal tax credits and state credits -- that can be used when a building is being rehabilitated for commercial use,” Gregory Smith, the national register coordinator with the Texas Historical Commission, said.
The tax credits would offer a 20 percent credit on federal income tax and 25 percent on state franchise tax.
The Wedgewood building caught fire in Dec. 2014 and five people were killed.
KSAT reached out numerous times to the owners of the building, Entrada Management, but our calls were not returned.