Federal Historic Preservation Tax Incentive
This grant offers a 20% federal tax credit for the certified rehabilitation of historic, income-producing buildings, supporting private investment in historic preservation and adaptive reuse.
Funder: Connecticut Department of Economic and Community Development
Due Dates: Rolling
Funding Amounts: 20% federal tax credit on qualified rehabilitation expenditures; no set maximum.
Summary: 20% federal tax credit for the certified rehabilitation of historic, income-producing buildings.
Key Information: Application must be filed before rehabilitation work begins; only certified historic structures and substantial rehabilitations qualify.
Description
The Federal Historic Preservation Tax Incentive program provides a 20% federal income tax credit for the certified rehabilitation of historic, income-producing buildings. Administered by the National Park Service (NPS) and the Internal Revenue Service (IRS), with preliminary review by the Connecticut State Historic Preservation Office (SHPO), the program is designed to encourage private investment in the preservation and adaptive reuse of historic structures, supporting both economic development and heritage conservation.
