Historic Tax Credits

Historic Tax Credits (HTC) in Commercial Real Estate

Historic Tax Credits (HTC) in Commercial Real Estate

The Historic Tax Credit, or HTC program, is a 20% federal tax credit designed to encourage investors to fund the substantial rehabilitation of historic structures. Since 1976, Historic Tax Credits have bee responsible for creating $144.6 billion in private investment in historic building rehabilitation while preserving more than 43,000 historic structures across the country. With the credit, an investor can take 20% of the Qualified Rehabilitation Expenditures (QREs) of the project as a deduction from their federal income taxes.