Preservation Tax Incentives

Preservation Tax Incentives are government programs that encourage restoring and maintaining historic buildings. They offer tax benefits—such as tax credits or deductions—to property owners who invest in preserving structures recognized for their historical significance. These incentives help offset renovation costs, making it more financially feasible to maintain a building’s historic character while ensuring its continued use. Essentially, they promote historic preservation by providing financial rewards for efforts to conserve architectural and cultural heritage.