Historic tax credits, sometimes called rehabilitation tax credits, are found in many states.
They are typically patterned after the federal historic tax credit. They are awarded for
projects which restore and preserve the architectural integrity of buildings and other
structures of historical note.
To obtain state historic tax credits a prospective buyer must invest in a partnership which
either owns directly or indirectly the structure being rehabilitated.
The following states have historic tax credits: Arkansas, Colorado, Connecticut,
Delaware, Florida, Georgia, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,
Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, New
Hampshire, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,
Rhode Island, South Carolina, Utah, Vermont, Virginia, West Virginia and Wisconsin.