Main Street program tax credits depleted

When Colfax was accepted into the Washington Main Street Program in December, Colfax's Unified Executive Director Valoree Gregory wanted to jump on getting donations from businesses so those businesses could receive a tax credit incentive, valued up to 75 percent of the value of the donation.

The program annually allows up to $1.5 million in tax credit incentives to businesses which donate funds in Main Street communities. Gregory jumped on soliciting donations in Colfax at the new year, but she later found out she was too late.

“Usually we would have had until April to get our tax credits in,...