Federal Historic Preservation Tax Incentives

Federal Historic Preservation Tax Incentives are a program offered by the U.S. government to encourage the preservation of historic buildings and sites. This program provides significant tax credits to property owners who rehabilitate designated historic properties, helping to cover renovation costs. Typically, eligible projects can receive a credit equal to 20% of the rehabilitation expenses. By protecting and revitalizing historic structures, these incentives not only preserve cultural heritage but also promote economic development and community revitalization.