The Utah State Historic Preservation Office administers both the federal and state tax credit programs. Please contact the Utah SHPO team more information.
Federal Tax Credits for Commercial Properties
The Utah State Historic Preservation Office administers the federal investment tax credit program. Qualifying projects must be listed on the National Register of Historic Places within three years of starting the project, plan for work to be done that will meet the Secretary of the Interior's Standards for Rehabilitation, and will meet an adjusted basis formula to determine eligibility. If all criteria are met, the owner qualifies for a federal tax credit of 20% of the total rehabilitation costs on that project.
State Tax Credits for Residential Properties
The Utah State Historic Preservation Office administers the state tax credit program. Qualifying projects must be listed on the National Register of Historic Places within three years of starting the project, plan for work to be done that will meet the Secretary of the Interior's Standards for Rehabilitation, and spend a minimum of $10,000. If all criteria are met, the owner qualifies for a state tax credit of 20% of the total rehabilitation costs on that project.