Georgia State Income Tax Credit Program for Rehabilitated Historic Property

How it works

Georgia’s State Income Tax Credit Program for Rehabilitated Historic Property provides a state income tax credit for approved rehabilitation work on qualifying historic buildings. The program pays a credit equal to 25% of qualifying rehabilitation expenses.

What the money covers

The official page is focused on historic rehabilitation, not disaster-hardening work specifically. To qualify, the project must meet DCA’s Standards for Rehabilitation, meet the definition of a rehabilitation under Georgia rules, and meet the threshold for a substantial rehabilitation.

Amounts and matching

• The credit equals 25% of qualifying rehabilitation expenses.
• Maximum credit amounts shown on the page are:
  • $100,000 for a principal residence
  • $5 million or $10 million for all other properties

Eligible property types

The page says the property must be either:

• Listed in, or eligible for, the National/Georgia Register of Historic Places, either individually or as part of a National/Georgia Register Historic District; or
• For Historic Home (owner occupied) properties, contributing to a local district or locally designated as a historic property.

How to apply

Applications are submitted through the NRTigers application portal. The page says HPD needs several items to review the project and points applicants to the Application Process Document for instructions to set up an account and apply. Applications for the Preferential Property Tax Assessment are submitted on the same portal.

Required application materials

For Part A / Preliminary Certification, the page lists:

• Property Information
• Statement of Significance
• Description of the Property
• Proposed Work Descriptions
• Pre-rehab photographs of the entire property, inside and out
• Photo Key
• Pre-rehab floor plan of the building
• Proposed floor plan of the building
• Local Designation Confirmation Form, if applying under a local district

For Part B / Final Certification, the page lists:

• Property Information
• Post-rehab photographs of the entire property, inside and out
• Photo Key
• Post-rehab floor plan of the building

Timing and deadlines

The page does not give a filing deadline. It warns that applicants must submit amendments through the portal if project details change, and that projects initially submitted as substantially complete, lacking sufficient information, or not complying with DCA’s assigned conditions may be precluded from using the tax incentives.