It is far from finalized, but Councilman Huizar has introduced a measure to add an additional one million dollars in tax discounts to the current Mills Act budget. Write/e-mail/phone your Councilperson or all of the Councilpersons encouraging him/her/them to vote for Councilman Huizar's measure. The Mills Act is the only means of financially supporting historic preservation of properties in the City of Los Angeles.
The next deadline is May 25, 2012. The Mills Act has a once-a-year drop-dead time limit. Should you be interested in the tax benefits of the Mills Act for your property or business property, contact me now at 310-650-2143 or at historichomesla@aol.com to learn if your property qualifies and to answer any other questions you might have about the Mills Act.
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