Building surrounded by scaffolding

Historic buildings are part of what make neighborhoods unique, and preserving these buildings can spur economic activity as developers create jobs to revitalize aging properties. 

Through the Historic Tax Credit (HTC) program, federal tax law provides an income tax credit to developers, who own historic buildings that undergo substantial rehabilitations into income-producing uses, such as housing. 

“The Historic Tax Credit program is important to the firm, and most of our investments of tax credit for historic preservation are in areas that are changing, developing or undergoing some renaissance,” says Tim Karp, Head of Historic Tax Credit Equity at JPMorgan Chase. 

Learn how to navigate the process for obtaining historic rehabilitation tax credits at the federal and state levels.

Historic tax credit 101 infographic



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