Historic Lake Orion
The Lake Orion Downtown Development Authority announced in 2006 the approval of Lake Orion's first National Register Historic District. Listing on the National Register of Historic Places can raise property value and add a new level of pride in one's community. Both commercial and residential property owners can benefit from tax credits based on a property renovations or improvements made according to criteria established by the Department of the Interior. In addition, renovation of commercial historic properties are eligible for federal tax credits, if criteria is met. The project was a collaborative effort, the majority of which was funded by the Downtown Development Authority and Orion Township, with some additional money coming from the Orion Historical Society.