Federal Historic Rehabilitation Tax Credit (20%)

About This Program

The federal Historic Rehabilitation Tax Credit provides a 20% income tax credit on qualified expenditures for the certified rehabilitation of National Register-listed historic buildings. In Washington, the credit is administered in partnership with DAHP. Owner-occupied residential properties do not qualify; the building must be income-producing (rental, commercial, hotel, etc.) for at least five years after rehabilitation. Work must conform to the Secretary of the Interior's Standards for Rehabilitation.

A $200,000 qualifying rehabilitation generates a $40,000 federal income tax credit, effectively reducing project cost by 20%.

Key Details

• 20% federal income tax credit on qualified rehab expenditures
• Property must be on the National Register of Historic Places
• Applies to income-producing properties only (NOT owner-occupied residential)
• Must be held and operated as income-producing for 5+ years post-rehab
• Administered in WA by DAHP: dahp.wa.gov

How to Apply

Deadline: Rolling