Christy Davis assists downtown business owners with tax credit applications after storm damage

The Historic Preservation Board meeting held on August 25, 2025, in Arkansas City, Kansas, highlighted significant community efforts to revitalize and preserve the downtown area, particularly in light of recent storm damage. The meeting served as a platform for discussing the impact of state tax credit programs aimed at encouraging investment in historic properties.

A key focus of the meeting was the ongoing challenges faced by local business owners following severe storms that damaged many downtown buildings. The discussion revealed that changes in insurance policies have led to increased financial burdens for these owners, as many are now subject to sliding deductibles based on the assessed value of their properties. This shift has left some business owners struggling to afford necessary repairs, with at least one business reportedly closing its doors as a result.

In response to these challenges, community leaders and state legislators have been actively working to enhance tax credit programs that support both income-producing and non-income-producing properties. The state’s rehabilitation tax credit program has reportedly leveraged over a billion dollars in private investment, generating an estimated $10 billion in economic impact since its inception. This program allows projects over $5,000 to qualify for tax credits, making it accessible for various community stakeholders, including nonprofits and schools.

The meeting also marked the kickoff of a public engagement initiative aimed at updating the district nomination for historic preservation. This effort is crucial as many local building owners remain unaware of the available tax credits that could alleviate some of their financial burdens. The engagement has already seen positive responses, with community members expressing interest in investing in downtown properties.

The collaborative spirit among local business owners, city officials, and preservation advocates was evident throughout the meeting. Many attendees shared a deep commitment to the community, emphasizing that their investments extend beyond mere business interests. This dedication is expected to foster a supportive environment for future revitalization efforts.

As the Historic Preservation Board moves forward, the next steps will involve drafting a new historic context and continuing to engage with the community to ensure that the benefits of the tax credit programs are fully realized. The meeting underscored the importance of preserving the historical character of Arkansas City while addressing the immediate needs of its business community.