Preservation Tax Credits
Federal and state tax laws provide tax incentives for historic preservation projects that follow the Secretary of the Interior’s Standards for Rehabilitation. These credits allow taxpayers to reduce, on a dollar-for-dollar basis, the amount of income tax they owe to the government. These credits that are designed to encourage the renovation and re-use of older buildings.
There are 2 types of tax credits available: a 20% - 30% State Income Tax Credit (STC) and a 20% Federal Income Tax Credit. For more information, visit History Colorado