State Historic Tax Credit Programs

State Historic Tax Credit Programs provide financial incentives to encourage the preservation and reuse of historic buildings. When property owners restore or rehabilitate historic structures in accordance with preservation standards, they can receive a percentage of their project costs as a tax credit against their state income taxes. These programs aim to promote community revitalization, maintain cultural heritage, and stimulate economic development by making historic preservation financially viable. Each state’s program varies in terms of eligibility, credit amount, and application process, but overall, they serve as effective tools to support sustainable preservation efforts.