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State Historic Preservation Tax Incentive Program Instructions and Applications

NOTICE: A State Rehabilitation Tax Credit Workshop will be held on October 17, 2013. View the agenda and registration form here.

Attend this workshop to learn how to complete a state historic tax credit application. This casual workshop will be held in the Heritage Classrooms, at the Historical Building, 600 E. Locust Street, Des Moines. Iowa provides a state income tax credit for the sensitive rehabilitation of non-commercial and commercial historic buildings. The tax credit is fully refundable; no state income tax liability is required to take advantage of the program. The program utilizes the Secretary of the Interior’s Standards for Rehabilitation of Historic Buildings to ensure that character-defining features and spaces of buildings are retained.

Iowa Code and Administrative Rules

*Please Note: the administrative rules document presents the amendments to rules filed emergency on June 22, 2011. Final editing and publishing may make minor technical edits to the text. We will post the official version of the rules when they are published.

State Tax Credit Forms and Instructions

Part 1

Word doc Part 1 State Tax Credit Application
pdf document
Part 1 State Tax Credit Instructions

Part 2 (application processing fee required, see below)

Word document Part 2 State Tax Credit Application
pdf document Part 2 State Tax Credit Instructions

Part 3 (application processing fee required, see below)

Word Doc Part 3 State Tax Credit Application
PDF documentPart 3 State Tax Credit Instructions

Parts 1 - 3

Additional Application Materials and Guidance

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

Disaster Certification (for Parts 1 and/or 2)

  1. Word file Disaster Certification form
  2. pdf file Disaster Certification form

Department of Revenue Historic Preservation Tax Credits Survey (for Part 3)

Additional Guidance

  • pdf file Photo key example
  • Window survey spreadsheet - (To use this .xlsx file, please first download it to your computer to open it.
    To download the file in Windows, right click and select "Save Link As."
    To Download the file on a Mac, Command-click on the link and save the file to your computer.

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 $500,000

$500

$500

$500,001 to $1,000,000

$750

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

$1,000,001 to $6,000,000

$1,000

Over $6,000,000

$1,500

$30,000

Contact

Elizabeth (Beth) Foster Hill, Tax Incentive Programs Manager/National Register Coordinator
State Historic Preservation Office
600 E. Locust Street
Des Moines, IA 50319-0290
(515) 281-4137
Beth.Foster@iowa.gov

 

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