Former Minnesota governor passed Minnesota's Historic Rehabilitation Tax Credit into law in 2010. It is only now that construction workers are beginning to reap the rewards of this tax break. This piece of law will be responsible for creating thousands of jobs in the next few years.

A recent report released by the University of Minnesota extension and the Minnesota State Historic Preservation Office said that 1,808 new jobs will be created in the next year or two. These jobs are a direct result of 14 construction projects meeting the tax credit requirements at the end of June 2011. The number of future jobs increases to 2,948 when indirect hiring is included.
It is important to note that the renovation projects will not receive their tax credit until the project is completed. In order to qualify for the credit buildings need to be a certified historic structure.
While these projects are very good news for both Minnesota and construction workers in the area, the jobs will not be available straight away. Workers who are interested in these positions should keep an eye out for job vacancies. Sometimes these will be advertised on the internet or in local newspapers. It is also worthwhile signing up for temporary work with employment agencies and construction companies. This way employees are more likely to notice if a large amount of workers are being hired for a specific project. Construction workers who are concerned about the state of the economy can rest assured that the building industry in Minnesota will stay afloat for the next couple of years.
Image Credits:
Image by Scott Chan at Free Digital Photos.
