Rehabilitation Tax Credits

Rehabilitation Tax Credits are incentives offered by the government to encourage the preservation and restoration of historic buildings. When property owners invest in renovating qualified structures, they can receive a tax credit—typically a percentage of the renovation costs—that reduces their overall tax liability. These credits promote responsible redevelopment while maintaining architectural heritage. To qualify, restorations usually need to meet specific historic preservation standards. Overall, Rehabilitation Tax Credits make it more financially feasible to preserve historic properties by providing significant financial benefits for quality restoration projects.