Massachusetts Historic Rehabilitation Tax Credit

The Massachusetts Historic Rehabilitation Tax Credit is a financial incentive that encourages restoring and preserving historic buildings. When property owners invest in rehabilitating properties listed on the state’s historic register, they can receive a tax credit—reducing their state tax liability—based on a percentage of qualified rehabilitation costs. This program aims to preserve Massachusetts' architectural heritage while promoting economic development and community revitalization. Typically, the credit is a significant percentage (around 25%) of eligible expenses, and the restored buildings often continue to serve their historic or new commercial purposes.