NYS Office of Parks, Recreation & Historic Preservation -
Federal Investment Tax Credit: Income-producing properties

Purpose

Owners of properties listed on the National Register of Historic Places may be eligible for a 20% federal income tax credit for the substantial rehabilitation of historic properties. The final dollar amount is based on the cost of the rehabilitation; in effect, 20% of the rehab costs will be borne by the federal government. The work performed , both interior and exterior, must meet the Secretary of the Interior's Standards for Rehabilitation and be approved by the National Park Service.

For more information,
contact the NYS Office of Parks, Recreation & Historic Preservation to locate information for the Technical Program Representative for specific counties.

Eligibility

Owners of historic income-producing real property may qualify for an income tax credit for rehabilitating the property. 

Contact

John Bonafide
Historic Preservation Services Coordinator
NYS Office of Parks, Recreation & Historic Preservation
Peebles Island Resource Center
Delaware Avenue
Cohoes, NY 12047
(518) 237-8643

Go Back