Thirty-six states have established state historic tax credits to provide additional financial incentives for the rehabilitation of historic properties. Most of the state programs are based on the federal historic rehabilitation tax credit program, although application processes, award amounts, and award procedures vary by state.
State historic tax credits can be used in conjunction with the federal credits for income-producing properties. Many state programs also offer historic tax credits for rehabilitation of owner-occupied residential properties.
MHA has a strategic relationship with Tax Incentive Finance (TIF), one of the country’s leading state historic tax credit syndicators, allowing our combined team to provide service throughout the entire development process.
MHA and TIF have a strong presence in state tax credit markets throughout the country especially in Massachusetts, Rhode Island, Connecticut, North Carolina, Louisiana and Texas.
Below is a list of the states offering historic tax credit programs. Contact us to learn more about programs in your state.