State Level Tax Credits

Minnesota Historical Society (MHS) and Minnesota State Historic Preservation Office (SHPO) Administered Funds


Minnesota Historic Structure Rehabilitation State Tax Credit / Grant Program
The Minnesota Historic Structure Rehabilitation Tax Credit offers a 20% state tax credit for qualified historic rehabilitations, and parallels the existing federal rehabilitation tax credit. It also offers project investors an option of a grant in lieu of a credit, whichever option best suits a developer’s tax situation, in order to maximize the efficiency of the public dollars assisting the project.  Only income-producing properties are eligible for this incentive. This tax credit/ grant program is funded by the State of Minnesota; funds are awarded to eligible applicants who meet the program requirements and receive the approval of the Minnesota SHPO and National Park Service.


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