Ryan announces credits for work on historic buildings

YOUNGSTOWN — U.S. Rep. Tim Ryan today announced $45.5 million in federal tax credits from the National Park Service for certified rehabilitation work on historic buildings across Akron and Youngstown.

Goodyear Hall in Akron will receive $31 million in tax credits and the Wick Building in Youngstown will receive $14.5 million in tax credits.

“Northeast Ohio has a wonderful history, and I am proud to have helped secure these critical tax credits for Goodyear Hall and the Wick Building to help continue that tradition,” said Ryan of Howland, D-13th, in a statement.

The Wick Building was rehabilitated by NYO Property Group of Youngstown for a price tag of about $16 million. The once-vacant Wick Tower brings 35 apartments downtown and 14 extended-stay housing units.

For the complete story, read Thursday's Vindicator and Vindy.com