Tax Credit Connection, Inc.

Colorado’s Latest Tax Credit – Historic Preservation

Starting in July 2016, owners of historically significant commercial buildings may earn up to $1M per year in Colorado income tax credits for restoration work on their buildings. These Historic Preservation tax credits are managed jointly by the Office of Economic Development and International Trade (OEDIT) and History Colorado.

This tax credit promotes revitalizing historic buildings in Colorado for commercial use. To qualify, the building must be a Certified Historic Structure that is at least 50 years old. Certified Historic Structures may be listed on the National Register of Historic Places, State Register of Historic Places or a local governmental landmark in a designated historic district. Qualified applicants can be Colorado taxpayers or an entity exempt under section 501(c) of the internal revenue code.

For more information, check out the links below. Please feel free to call us regarding any questions you may have.

Historic Preservation Article

Historic Preservation Fact Sheet

Historic Preservation Program Manual

Colorado Office of Economic Development & International Trade

Historic Preservation HB 14-1311 

Standards for Treatment of Historic Preservation Properties