Historic Homes Rehabilitation Tax Credit

Overview

The Historic Homes Rehabilitation Tax Credit program is designed to encourage new homeownership and to assist existing homeowners in maintaining or rehabilitating their property. The program provides a 30% tax credit, up to $30,000 per dwelling unit, for the rehabilitation of one to four family buildings. After completion of rehabilitation work, one unit must be owner-occupied for a period of five years.

Eligibility & Program Requirements

  • Building must be listed on the National or State Register of Historic Places.
  • All proposed work must be reviewed and approved by the SHPO prior to the start of construction.
  • A minimum of $15,000 in qualified rehabilitation expenditures must be incurred to qualify. Qualified rehabilitation expenditures are hard costs associated with the rehabilitation; site improvements and non-construction costs are excluded.
  • All work must comply with the Program's Standards for Rehabilitation.
  • Tax credits can only be used by a C Corporation with tax liability under Chapters 207-212 of the C.G.S.
  • The majority of the project must include work that preserves historic building fabric and/or character-defining features.  For more information, read this Policy Statement.

Please view these videos, which review the program’s Standards and Application Process:
https://www.youtube.com/channel/UCNM2ccnRDncKjZz1_xLRYEA


Application

Please note: While we review and respond to applications as quickly as possible, this program receives a high volume of applications. Therefore, please factor the mandated 30-day review period into your planning process.

Instructions: Please refer to the application instructions for important information on required attachments to the application.

Laws/Regulations

Contact

Email: HomeTaxCredits@ct.gov
Department of Economic and Community Development
State Historic Preservation Office
450 Columbus Blvd., Suite 5
Hartford, CT 06103