{"id":261,"date":"2018-09-26T21:24:19","date_gmt":"2018-09-26T21:24:19","guid":{"rendered":"http:\/\/cityofesmo.com\/preservation\/?page_id=261"},"modified":"2019-06-21T18:15:24","modified_gmt":"2019-06-21T18:15:24","slug":"historic-tax-credits","status":"publish","type":"page","link":"https:\/\/cityofesmo.com\/preservation\/index.php\/resources\/historic-tax-credits\/","title":{"rendered":"Historic Tax Credits"},"content":{"rendered":"<figure id=\"attachment_273\" aria-describedby=\"caption-attachment-273\" style=\"width: 340px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-273 size-full\" src=\"https:\/\/cityofesmo.com\/preservation\/wp-content\/uploads\/2018\/09\/mook_corner.jpg\" alt=\"Photo tax credit project corner Main and Broadway\" width=\"340\" height=\"243\" srcset=\"https:\/\/cityofesmo.com\/preservation\/wp-content\/uploads\/2018\/09\/mook_corner.jpg 340w, https:\/\/cityofesmo.com\/preservation\/wp-content\/uploads\/2018\/09\/mook_corner-300x214.jpg 300w\" sizes=\"auto, (max-width: 340px) 100vw, 340px\" \/><figcaption id=\"caption-attachment-273\" class=\"wp-caption-text\"><em>This two-part commercial building at the corner of Broadway and Main was redeveloped using historic preservation tax credits. <\/em><\/figcaption><\/figure>\n<p>Missouri&#8217;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).<\/p>\n<p>Property must be listed on the National Register of Historic Places or be part of a certified historic district.<br \/>\nAt least 50% of the basis of the project must be reinvested in the subject property (100% for federal).<br \/>\nAll work must conform to the Secretary of the Interior&#8217;s Standards for historic building rehabilitation.<\/p>\n<p><a href=\"https:\/\/ded.mo.gov\/programs\/business\/historic-preservation\" target=\"_blank\" rel=\"noopener\">Visit the Missouri Department of Economic Resources, Historic Preservation, for program details.<\/a><\/p>\n<p>For other valuable resources, see PDF presentations below:<\/p>\n<p><a href=\"https:\/\/cityofesmo.com\/eshpc\/resources\/TaxCredits101.pdf\" target=\"_blank\" rel=\"noopener\">Tax Credits 101<\/a> by Bill Hart, <a href=\"https:\/\/preservemo.org\/\" target=\"_blank\" rel=\"noopener\">Missouri Preservation<\/a><br \/>\n<a href=\"https:\/\/cityofesmo.com\/eshpc\/resources\/HTC_Cost_Certificate.pdf\" target=\"_blank\" rel=\"noopener\">Tax Credits 101 Cost Certification<\/a> by Ann Holtshouser, CPA, Principal, Brown Smith Wallace, LLC<br \/>\n<a href=\"https:\/\/cityofesmo.com\/eshpc\/resources\/StateHPTC.pdf\" target=\"_blank\" rel=\"noopener\">Historic Preservation Tax Credit Program Preliminary Approval Form<\/a><br \/>\n<a href=\"https:\/\/cityofesmo.com\/eshpc\/resources\/SampleTaxCreditApplication.pdf\" target=\"_blank\" rel=\"noopener\">Sample Tax Credit Application<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Missouri&#8217;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 <span class=\"readmore\"><a href=\"https:\/\/cityofesmo.com\/preservation\/index.php\/resources\/historic-tax-credits\/\">Read More &#8230;<\/a><\/span><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":47,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-261","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/cityofesmo.com\/preservation\/index.php\/wp-json\/wp\/v2\/pages\/261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cityofesmo.com\/preservation\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cityofesmo.com\/preservation\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cityofesmo.com\/preservation\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cityofesmo.com\/preservation\/index.php\/wp-json\/wp\/v2\/comments?post=261"}],"version-history":[{"count":15,"href":"https:\/\/cityofesmo.com\/preservation\/index.php\/wp-json\/wp\/v2\/pages\/261\/revisions"}],"predecessor-version":[{"id":561,"href":"https:\/\/cityofesmo.com\/preservation\/index.php\/wp-json\/wp\/v2\/pages\/261\/revisions\/561"}],"up":[{"embeddable":true,"href":"https:\/\/cityofesmo.com\/preservation\/index.php\/wp-json\/wp\/v2\/pages\/47"}],"wp:attachment":[{"href":"https:\/\/cityofesmo.com\/preservation\/index.php\/wp-json\/wp\/v2\/media?parent=261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}