If you own a house that is listed on the State and National Registers of
Historic Places individually or is contributing to a listed historic district and
located in an eligible census tract, you may qualify for a state historic
rehabilitation tax credit equal to 20% of the repair costs.
▪ You must own and live in the house.
▪ The repair costs must exceed $5,000 and you must spend at least 5% on exterior work.
▪ All the work must be approved by the Division for Historic Preservation before you begin.
A wide range of work items are eligible, including the repair of walls, floors, chimneys, doors and windows as well as new roofs, mechanical systems, electrical wiring and plumbing. The credit does not cover work outside the house, such as landscaping, fencing and new additions.
For more information, download the Homeowner Tax Credit Handout. Enclosed is the NYS Tax Credit Application Form.
For tax credit information, applications and assistance, click here or call 518-237-8643.