Businesses
Government-funded
Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
State historic preservation tax credit of 25% for certified rehabilitation of income-producing historic properties in Montana. Stackable with the 20% federal Historic Tax Credit for a combined 45% credit on qualified rehabilitation expenditures.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Property must be a certified historic structure (National or Montana register)
2.Rehabilitation must meet Secretary of Interior standards
3.Credit: 25% of qualified rehabilitation expenditures
4.Minimum QRE: $5,000
5.Stacked with federal 20% HTC for 45% total credit; credit is transferable
IRS · United States
Allows businesses to deduct up to $5.65/sq ft for commercial buildings achieving significant energy savings through improvements to HVAC, lighting, and building envelope systems. IRA expanded the deduction and allowed non-profits and government to allocate it.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).
IRS · United States
The nation's largest affordable rental housing production program, providing dollar-for-dollar federal tax credits to developers who build or rehabilitate affordable rental housing and maintain income and rent restrictions for 30+ years.