Downtown development proposals include MSD tax, historic tax‑credit push and Friends of Downtown volunteer program

May 21, 2026

Downtown development staff returned from the North Carolina Main Street conference and urged the council to pursue municipal service districts (MSDs), historic tax‑credit rehabilitation for private owners, park investments and a volunteer 'Friends of Downtown' program to catalyze private investment and foot traffic.

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Tracy Madigan, the city’s downtown development representative, summarized several practical strategies she said could accelerate Henderson’s downtown revitalization after attending the statewide Main Street conference in New Bern: convene a local 'Friends of Downtown' volunteer fundraising group, prioritize small parks and green spaces to increase property values, and pursue historic tax credits to encourage rehabilitation of key buildings such as the First National Bank structure.

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