Additional tax credits available for proposed downtown Youngstow - 21 News Now, More Local News for Youngstown, Ohio -

Additional tax credits available for proposed downtown Youngstown hotel

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There's more good news for a company looking to turn a historic Youngstown building into a downtown hotel.

Earlier this week we told you about a $5 million state tax credit for NYO Property Group to renovate the Stambaugh Building into a 120 room hotel.

According to our print partner, The Vindicator, that building is also eligible for a $4 million federal tax credit because the century old East Federal Plaza building is on then National Park Service National Register of Historic Places.

NYO Property says the entire project will cost $25.5 million dollars.


 

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