The New York State Historic Residential or Commercial Properties Tax Credit Program

New legislation increases financial incentives for both private homeowners and commercial property owners. Rehabilitation work on historic structures may qualify for a tax credit of 20% of qualified rehabilitation costs of structures, up to a credit value of $50,000 (residential) or $5million (commercial).

The New York State Historic Preservation Office (SHPO) in the Division for Historic Preservation, Office of Parks, Recreation and Historic Preservation provides technical assistance to property owners working to rehabilitate homes. Choose the .pdf flyer below that applies to you and learn how you might save money!