Preservation Funding for Businesses

The list of organizations that provide preservation funding resources for businesses. Click on the buttons under each organization to learn more about their individual programs and initiatives.

National Park Service

Technical Preservation Services
1849 C St., NW (org 2255)
Washington, D.C. 20240
202-513-7270
www.nps.gov

Historic Preservation Tax Incentives: 10% Tax Credit

Website: nps.gov/tps/tax-incentives

  • 10% federal income tax credit available for non-residential, income-producing buildings that are NOT listed in the National Register of Historic Places and not National Historic Landmarks.
  • Buildings must have been constructed prior to 1936.

Historic Preservation Tax Incentives: 20% Tax Credit

Website: nps.gov/tps/tax-incentives
Website: thc.texas.gov/taxincentives

  • 20% federal income tax credit available for income-producing buildings listed in the National Register of Historic Places (NRHP) or National Historic Landmarks, buildings that contribute to NRHP districts and certain local historic districts, or buildings that are eligible for listing in the NRHP.
  • Rehabilitation expenditures must exceed the value of the building itself (not including the land) prior to the beginning of the project. Most rehabilitation costs are eligible for the credit, such as structural work, building repairs, electrical, plumbing, heating and air conditioning, roof work, and painting. Some costs are NOT eligible for the credit, such as acquisition, new additions, furniture, and landscaping.
  • The project work must meet the Secretary of the Interior's Standards for Rehabilitation.
  • The Texas Historical Commission administers the federal tax credit program, in conjunction with the National Park Service and IRS. The THC encourages early consultation. Contact the Division of Architecture at 512-463-6094.
  • Applications can be submitted at any time.

 

Texas Historical Commission

P.O. Box 12276
Austin, TX 78711-2276
512-463-6100

Texas Historic Preservation Tax Credit Program

Website: thc.texas.gov/taxincentives

  • 25% state franchise tax credit available for buildings listed in the National Register of Historic Places (NRHP) or National Historic Landmarks, buildings that contribute to NRHP districts and certain local historic districts, or buildings designated as Recorded Texas Historic Landmarks or State Antiquities Landmarks. 
  • The building must either be income-producing or nonprofit. Owner-occupied residential properties and municipal offices are not eligible for the credit.
  • Rehabilitation expenditures must exceed $5,000. Most rehabilitation costs are eligible for the credit, such as structural work, building repairs, electrical, plumbing, heating and air conditioning, roof work, and painting. Some costs are NOT eligible for the credit, such as acquisition, new additions, furniture and landscaping.
  • The project work must meet the Secretary of the Interior's Standards for Rehabilitation.
  • The Texas Historical Commission administers the state tax credit program, in conjunction with the Texas Comptroller of Public Accounts. The THC encourages early consultation. Contact the Division of Architecture at 512-463-6094.

 

United States Department of Agriculture

Rural Development
State Office
101 S. Main St.
Temple, TX 76501
254-742-9700

Rural Business Enterprise Grants (RBEG)

Website: rd.usda.gov

  • The RBEG program provides grants for rural projects that finance and facilitate development of small and emerging rural businesses, help fund distance learning networks, and help fund employment-related adult education programs.
  • Eligible fund use includes acquisition or development of land, easements, or rights of way; construction, conversion, renovation, of buildings, plants, machinery, equipment, access streets and roads, parking areas, and utilities; pollution control and abatement; capitalization of revolving loan funds; training and technical assistance; distance adult learning for job training and advancement; rural transportation improvement; and project planning.
  • Grants are available to rural public entities (towns, communities, state agencies, and authorities), Native American tribes, and rural nonprofit corporations.
  • Grants range from $10,000 to $500,000.

 

United States Department of Housing and Urban Development

Community Development Block Grants (See Preservation Funding for Homeowners)

 

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