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State Historic Preservation Tax Incentive Program Instructions and Applications

Online Historic Preservation Tax Incentive Program Now Open

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.

Registration and Application Periods

  • The July application window has been eliminated under the new law. The new Part 1, Part 2 and Part 2B (registration) applications and instructions are now available online. The Part 3, along with a sample Agreement, are forthcoming.
  • The first Part 2B (registration) period for projects over $750,000 is open from January 26 through February 13. Part 2 applications must be approved by the State Historic Preservation Office for submission of Part 2B.
  • As of July 1, 2014, potential program applicants must schedule and attend a 1.5 Pre-application meeting prior to submitting a Part 2 application. Please use the online scheduler to arrange for your 1.5 pre-application meeting. After you have submitted a Part 1 application.

Iowa Code and Administrative Rules

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.

Forms and Instructions

The applications for all Parts, information and guidance is online.

Additional Application Materials

QRE Schedule and Guidance (Project Commencement Reports, Project Completion Reports, and Project Extension Requests)

Additional Guidance

Fees

For project with qualified rehabilitation costs of:

Part 2 Processing Fee

Part 3 Processing Fee

$50,000 or less

No cost

No cost

$50,001 to $100,000

$250

$250

$100,001 to $750,000

$500

$500

$750,001 to $6,000,000

$1,000

0.5 percent of qualified rehabilitation costs
(i.e., 0.005 x costs)

Over $6,000,000

$1,500

$30,000

Contact

Preservation Program Manager
Iowa Department of Cultural Affairs
State Historic Preservation Office - 3rd Floor East
600 E. Locust Street
Des Moines, IA 50319-0290
(515) 281-8742
SHPOTaxCredit@iowa.gov

 

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