Shreveport City Council Unanimously Supports Film and Historic Tax Credit Initiatives to Boost Local Economy

Shreveport City Council Supports Film and Historic Tax Credits

Shreveport, La. – It’s an exciting time in Shreveport as the City Council recently took a significant step in supporting two very crucial initiatives that aim to revitalize the local economy. During their last meeting, council members unanimously passed resolutions that back Louisiana’s Motion Picture Production Tax Credit and the Louisiana Historic Rehabilitation Tax Credit. These resolutions express a strong urge for the state Legislature to not only preserve these programs but also to expand them, making it clear just how essential they are for our local economy.

Positive Impact on Film and Production

The council members were vocal about the incredible impact these tax credits have had, particularly in attracting film and television productions to Shreveport. They pointed out that the Motion Picture Production Tax Credit is a game changer, positioning Shreveport as an appealing filming destination. Not only does this put our city on the map, but it also brings in a host of job opportunities for locals. Recent investments from the likes of G-Unit Film & Television, led by the well-known Curtis “50 Cent” Jackson, highlighted this trend, demonstrating how seriously the city is being considered for major projects.

Ursula Bowman, a District G councilwoman, commented passionately: “The film and historic tax credits have been crucial for Shreveport. They help us bring film productions to our city, creating jobs and supporting local businesses while also preserving our rich architectural heritage.” Her sentiment was echoed by other members of the council, who recognize the long-term economic benefits of these programs.

Revitalizing Historic Buildings

But it doesn’t stop with films! The Louisiana Historic Rehabilitation Tax Credit is also making waves in Shreveport. This program has funded revitalization efforts for several key landmarks like the Municipal Auditorium, the Ogilvie Hardware Building, and the Texas Street Corridor. Councilwoman Tabatha Taylor, representing District A, co-sponsored the legislation and noted, “Investments in our historic structures benefit our economy, strengthen our neighborhoods, and help preserve the unique character of Shreveport for future generations.”

These historic tax credits not only preserve Shreveport’s beautiful architecture but also breathe new life into our neighborhoods, ensuring that both residents and visitors can enjoy our city’s rich history.

A Call to Action

As the meeting wrapped up, it became clear that the City Council is committed to advocating for these crucial tax credits. The resolutions will be formally communicated to Governor Jeff Landry and members of the legislature, making sure our voices are heard loud and clear.

Local leaders are hoping to see a strong response from the state Legislature. They believe that continuing to support these tax credit programs will bring valuable resources to our city, further driving growth and development in Shreveport.

Looking Ahead

As we look forward, it’s exciting to think about the new projects and job opportunities that could arise from these initiatives. Shreveport’s unique blend of historic charm and modern ambition makes it an ideal place for productions and revitalization projects. The collective efforts of our City Council and the state legislature will play a pivotal role in shaping the future of this vibrant city.

In the upcoming weeks, we will undoubtedly keep an eye on how this plays out. With such a unified stance from the Shreveport City Council, it is clear that they are dedicated to ensuring that our city continues to thrive.