Since July 2014, the State Historical Society of Iowa and the Iowa Department of Revenue have been working to create an online portal for the State Historic Preservation and Cultural & Entertainment District Tax Credit Program (HPCED). On January 26, 2015, the new online submission system went live. All application parts, including Part 2B (registration) for the Historic Preservation and Cultural Entertainment District tax incentive program, will now be submitted online. Information which was previously submitted on paper forms will now be entered by the applicant online. Attachments such as photos, assessor statements, Iowa Site Inventory Forms, etc. will be uploaded as separate documents. Information from projects which are already in progress has been uploaded into the new online database. Instructions for current applicants to log in to the database and link to their projects can be found in the Online Registration Guide.
The Part 2B Registration period has been extended through Friday, February 13.
Note: Administrative Rules effective July 9, 2013: Historic Preservation and CED Tax Credits are applicable only to projects that received a HPCED Tax Credit Reservation prior to July 1, 2014.
The State Historic Preservation and Cultural & Entertainment District Tax Credit Program provides a state income tax credit for the sensitive rehabilitation of historic buildings. It ensures character-defining features and spaces of buildings are retained and helps revitalize surrounding neighborhoods. The Program provides an income tax credit of 25% of qualified rehabilitation costs.
Another 20% is available if the property is income-producing and qualifies for the Federal Rehabilitation Investment Tax. A separate application is required.
Several types of properties are eligible for the state tax credit:
Program eligibility depends on the type of building, the assessed value of the building and the amount of rehabilitation proposed:
As with other State Historical Society of Iowa incentive programs, the work must meet the Secretary of the Interior’s Standards for Rehabilitation and Guidelines for Rehabilitating Historic Buildings.
View the National Register of Historic Places listing to find out a building’s National Register status or for information about how to nominate a property to the register.
Preservation Program Manager
Department of Cultural Affairs
State Historic Preservation Office 600 E. Locust Street
Des Moines, IA 50319-0290