State Historic Basics

State Historic Tax Credits

Fox Oakland Theater, Oakland CA

Recognizing the success of the federal program, more than 30 states have adopted legislation establishing some form of state historic tax credits. These state credits are a direct offset of state income tax liability and an be twinned with the federal HTC. Many have per project caps and do not provide significant capital for large-scale projects. Some have annual statewide caps that limit their usefulness. However, there are a growing number of states with credit statutes that provide substantial additional equity when combined with the federal credit.

Every year, statewide historic preservation advocacy groups amend existing credits and add new states to the list. Please see the map below and click here for the most current information from NTHP.

state tax credit map

 

 

 

 

 

 

 

 

 

 

 

 

Additional resources can be found by visiting Novogradac’s Historic Tax Credit Resource Center or contacting your state historic preservation office.