State Historic Tax Credits
Thirty-seven states currently offer credits against state taxes to provide incentives for the appropriate rehabilitation of historic buildings. Since many historic rehabilitation projects are viable only with the financial leverage of both the federal credit and a state credit, states that have state-level historic rehabilitation tax credits typically see a greater level of historic rehabilitation activity
In January 2023 the National Trust for Historic Preservation released the State Historic Tax Credit Resource Guide and Data tool. With more than 70 percent of states adopting some form of historic tax credit incentive to support building reuse, the utility and success of this preservation policy is clear. As states look to strengthen and tailor these incentives, this Resource Guide offers an overview of the tangible benefits of historic tax credit programs, the elements of top-performing credits, and a state-by-state comparative analysis of key features. The Data Center tool allows them to compare up to three state programs at one time as well as a way to compare specific features of a state historic tax credit against all other programs.
Access the State Historic Tax Credit Resource Guide, Data Center tool, and webinar recording on the State HTC page.