Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
State historic preservation tax credit of 25% for certified rehabilitation of income-producing historic properties in Montana. Stackable with the 20% federal Historic Tax Credit for a combined 45% credit on qualified rehabilitation expenditures.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Property must be a certified historic structure (National or Montana register)
2.Rehabilitation must meet Secretary of Interior standards
3.Credit: 25% of qualified rehabilitation expenditures
4.Minimum QRE: $5,000
5.Stacked with federal 20% HTC for 45% total credit; credit is transferable
IRS · United States
Allows businesses to deduct up to $5.65/sq ft for commercial buildings achieving significant energy savings through improvements to HVAC, lighting, and building envelope systems. IRA expanded the deduction and allowed non-profits and government to allocate it.
NYSDEC · New York
Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).