Parks, Recreation and Historic Preservation

Tax Credit Programs

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Both NY SHPO and the National Park Service's Technical Preservation Services unit are operating in telework status. NY SHPO continues to review and approve federal and state commercial rehabilitation tax credit paperwork for submission to the NPS, but understands there could be delays in the Park Service's ability to log and process this paperwork. Our office continues to process NYS Historic Homeowner Tax Credit applications within 30 days of hard-copy submittal.

Owners of historic income-producing real property, owner occupied homes, and barns may qualify for an income tax credit for rehabilitating the property.


This website does not provide legal, tax or accounting advice; the information provided is intended to be general in nature; and visitors to the website are strongly encouraged to consult their own professional tax, accounting and legal advisors on individual tax matters, or consult the NYS Department of Taxation and Finance or the Internal Revenue Service (IRS). The Office of Parks, Recreation and Historic Preservation is not responsible for the information or advice provided here as it may affect the specific tax consequences to any individual (including sole proprietor), corporate, partnership, estate or trust taxpayer, which will depend on many other facts and circumstances. The information is for the general benefit of persons interested in obtaining certifications from OPRHP that may allow them to qualify for federal or state historic properties tax credits. Given the frequency of changes in federal and state tax laws, regulations and guidance, of necessity, the information cannot be expected to be completely current and it represents a good faith effort to reference controlling laws and regulations as accurately as possible.

Federal Investment Tax Credit Program for Income Producing Properties

Owners of income producing real properties listed on the National Register of Historic Places may be eligible for a 20% federal income tax credit for the substantial rehabilitation of historic properties. The final dollar amount is based on the cost of the rehabilitation; in effect, 20% of the rehab costs will be borne by the federal government. The work performed (both interior and exterior) must meet the Secretary of the Interior's Standards for Rehabilitation and be approved by the National Park Service. For more information, please contact our office or go to our Territorial Map section to find information for the Investment Tax Credit Program representative for your county.

Important Changes to the NYS Rehabilitation Tax Credit for Commercial Properties

Governor Cuomo and the New York State Legislature have extended the availability of this program until December 31, 2024. The legislation also makes the commercial tax credit refundable for rehabilitation projects placed in service on or after 2015. Unused credits from projects placed in service before 2015 can be carried forward indefinitely.

The changes in the law include updating the eligible census tracts using the most recent data available.

New York State Tax Credit Program for Income Producing Properties

This tax credit must be used with the Federal Investment Tax Credit Program for Income Producing Properties. Owners of income producing properties that have been approved to receive the 20% federal rehabilitation tax credit automatically qualify for the additional state tax credit if the property is located in an eligible census tract and the Part 2 and Part 3 state fees have been paid. Owners can receive an additional 20% of the qualified rehabilitation expenditures up to $5,000,000*. In order to qualify, the placed-in-service date must be after January 1, 2010. There is no application form. After Part 3 of the federal application is approved by the National Park Service and, the state fees are paid, The New York State Office of Parks, Recreation, and Historic Preservation will issue a certification allowing owners to take the state credit.

The following fee schedule applies for property owners seeking state commercial rehabilitation tax credits;

Commercial projects utilizing the federal historic preservation investment tax credit and the New York State commercial historic preservation tax credit will submit the following initial processing fee:

Estimated Rehabilitation:Fee
under $100,000$50.00
Over $100,00010% of estimated final fee
 (from Final Fee Schedule)

*The initial fee will be submitted along with the Part II application.
Checks must be made out to: NYSOPRHP and have the address of the property and "commercial tax credit" in the memo section. If the owner knows the assigned project number, that should be in the memo section as well.

Final Fee Schedule

Important: Owners should subtract the Part 2 fee from the final fee. For example, $450 would be submitted along with Part 3 for a project that had $20,000 of rehabilitation expenses. Rehabilitation expenses do not include the cost of landscaping or an addition.

Rehabilitation expenses of:Fee
Under $20,000$100.00
$20,000 - $99,999$500.00
$100,000 - $499,999$1,000.00
$500,000 - $999,999$1,500.00
$1,000,000 – $2,499,000$2,500.00
$2,500,000 - $4,999,999$3,000.00
$5,000,000 - $9,999,999$4,000.00
$10,000,000 and over$5,000.00

*Certification letters for the NYS Commercial Credit will be issued after receipt of the National Park Service Part 3 application and the applicant has submitted the balance of the NYS Processing fee.
Checks must be made out to: NYSOPRHP and have "commercial credit" in the memo. If the owner knows the assigned project number, that should be in the memo section as well.

New York State Historic Homeownership Rehabilitation Credit

Rehabilitation of historic residential buildings may qualify for a New York State tax incentive. The Historic Homeownership Rehabilitation Credit program offers a state income tax credit equal to 20% of qualified rehabilitation expenses associated with repair, maintenance, and upgrades to historic homes. The value of the credit is applied to your NYS tax liability to reduce the amount you owe. The program covers 20% of qualified rehabilitation expenses up to a credit value of $50,000 per year. For more information please review the program's qualifications and FAQs below, or call Division staff at 518-237-8643 and request to speak to the staff member who handles your county.


  • The applicant must own and live in the house.
  • The house must be listed in the New York State and National Registers of Historic Places individually or as a contributing building in a listed Historic District. Note: In some cases, a local historic district has been certified to participate in tax credit programing.
  • The house must be located in a qualifying census tract.
  • The rehabilitation expenses must be $5,000 or more with a minimum of 5% of that being spent on exterior work.
  • All projects must be approved before work begins.

Instructions & Application Forms