State Tax Incentives Additional Resources
State Income Tax Credit Program for Rehabilitated Historic Property
Program Overview
Provides...
A state income tax credit equaling 25% of qualifying rehabilitation expenses
Capped at...
- $100,000 for a principal residence.
- $5 million or $10 million for all other properties.
Only If...
- The property is listed in, or eligible for, the National / Georgia Register of Historic Places, either individually or as part of a National/Georgia Register Historic District.
- AND The project meets the DCA’s Standards for Rehabilitation
- AND the project meets the definition of a rehabilitation https://rules.sos.state.ga.us/GAC/110-37-6-.01
- AND the project meets the threshold for a substantial rehabilitation
Program Documents
-
Georgia
State Income Tax Credit Program Fact Sheet
-
Georgia
State Preferential Property Tax Assessment Program Fact Sheet
How to apply...
In order to apply for the Georgia State Income Tax Credit program, HPD needs several items to review your project All items are accepted through the NRTigers application portal. Please see Application Process Document for Instructions to set up an account and apply. Applications for the Preferential Property Tax Assessment are submitted on the same portal.
Program Update: After August 15, 2023 all state and federal applications submitted to HPD must be submitted digitally. Neither NPS nor HPD will accept any applications or amendments in physical form after that date.
New Digital Application Process
-
Digital
Application Instructions when applying for state and federal incentives
-
Digital
Application Instructions when applying for state credits ONLY
Part A/Preliminary Certification Requirements:
- Property Information
- Statement of Significance
- Description of the Property
- Proposed Work Descriptions
- Pre-rehab photographs (of the entire property, inside and out. See:
HPD's
Photo Guide
- Photo Key (copy of a floor plan keyed to show where photos were taken. See:
HPD's
Photo Guide
- Pre-rehab floor plan of the building
- Proposed floor plan of the building
Part B/Final Certification Requirements:
- Property Information
- Post-rehab photographs (of the entire property, inside and out. See:
HPD's
Photo Guide
- Photo Key (copy of a floor plan keyed to show where photos were taken. See:
HPD's
Photo Guide
- Post-rehab floor plan of the building
As additional information becomes available, including changes to proposed work, applicants must submit an Amendment to the project in the application portal.
Warning: For projects that are initially submitted as substantially complete, lack sufficient information for our review, or do not comply with DCA’s assigned conditions included in our project review letter, the use of tax incentives may be precluded.