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Mills Act Tax Savings for Downtown LA Lofts

What is the Mills Act Program? Q: What is the Mills Act Program? A: Economic incentives foster the preservation of residential neighborhoods and the revitalization of downtown commercial districts. The Mills Act is the single most important economic incentive program in California for the restoration and preservation of qualified historic buildings by private property owners. …

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Historic Higgins Building Loft comes on Market with Mills Act Tax Savings

MillsActLA.com — City of Los Angeles program that will save you significantly on your property taxes while helping to maintain the authentic integrity of an historic California building? The Mills Act is a California law allowing cities to enter into contracts with the owners of historic buildings. Such contracts involve a reduction of property taxes …

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