Future Project Criteria

The Historic Tax Credit Initiative has the following project criteria.

Federal Criteria:

In order to be eligible for the Historic Tax Credit program, the National Park Service requires that the building(s) be:

  • 50 years or older
  • Listed on the National Register of Historic Places within a reasonable time after the project is completed
  • Out of service and unoccupied during the restoration project
  • Not financed in its entirety with municipal bonds

Our Additional Criteria:

  • The project budget must be $3 million or more
  • The sponsor/owner is a non-profit, faith-based or government organization
  • A fundraising, project plan and timeline must be available for investor review

For additional resources and information on the Historic Tax Credit program and its benefits, please visit: https//www.historictaxcreditinitiative.com/historic-tax-credit-program/.