Historic Preservation Tax Credits
Tax Incentives for Historic Buildings
Historic buildings are tangible links with the past. They help give a community a sense of identity, stability and orientation. The federal and state governments encourage the preservation of historic buildings through various programs including federal and state income tax incentives and grant programs to support the rehabilitation of historic and older buildings.
Learn MoreAs we work to recover and revitalize Michigan communities, the new State Historic Tax Credit program signed into law by Governor Whitmer on December 30, 2020 will help support place-based projects while promoting the preservation of Michigan’s historic resources.
The MEDC and SHPO are already working to begin the required administrative rulemaking process, which based on state statute may last 12-18 months, to effectively establish and administer this program, ensuring developers, homeowners and communities can access this welcome support. Details such as application procedures, more detailed eligibility requirements, transfer rules, etc. will be determined as part of this process.
Eligible properties must be listed in the National Register of Historic Places, the State Register of Historic Sites, or be in a local historic district, and either be individually listed or contribute to a listed district. The credit has a $5 million cap per calendar year, which will be divided into
Credits will be awarded on a first-come, first-serve basis. Additional updates will be shared on this webpage. (Revised: 2/19/2021)
February 26, 2021: State Historic Tax Credit Frequently Asked Questions. This document will be updated as the program is formalized.
Forms, Instructions, and Guidance
