Historic Tax Credits

Photo tax credit project corner Main and Broadway
This two-part commercial building at the corner of Broadway and Main was redeveloped using historic preservation tax credits.

Missouri’s Historic Tax Credits were established in 1998. The program offers 25% tax credit on qualified rehabilitation expenses and can be coupled with federal historic tax credits of an additional 20%. Missouri charges an administrative fee of 2.5% of the credit received (federal fee on sliding scale, minimum $0, $6,500 maximum).

Property must be listed on the National Register of Historic Places or be part of a certified historic district.
At least 50% of the basis of the project must be reinvested in the subject property (100% for federal).
All work must conform to the Secretary of the Interior’s Standards for historic building rehabilitation.

Visit the Missouri Department of Economic Resources, Historic Preservation, for program details.

For other valuable resources, see PDF presentations below:

Tax Credits 101 by Bill Hart, Missouri Preservation
Tax Credits 101 Cost Certification by Ann Holtshouser, CPA, Principal, Brown Smith Wallace, LLC
Historic Preservation Tax Credit Program Preliminary Approval Form
Sample Tax Credit Application