Provides...
A state income tax credit equaling 25% of qualifying rehabilitation expenses
Capped at...
- $100,000 for a principal residence (program sunsets at the end of 2024)
- $5 million or $10 million for all other properties (program sunsets at the end of 2027)
Only If...
- The property is listed in, or eligible for, the National/Georgia Register of Historic Places, either individually or as part of a National/Georgia Register Historic District.
- AND The project meets the DCA’s Standards for Rehabilitation
- AND the project meets the definition of a rehabilitation https://rules.sos.state.ga.us/GAC/110-37-6-.01
- AND the project meets the threshold for a substantial rehabilitation
Program Documents
- Georgia State Income Tax Credit Program Fact Sheet (pdf)
- Frequently Asked Questions (Tax)
- Georgia State Income Tax Annual Reports
How to apply...
In order to apply for the Georgia State Income Tax Credit program, HPD needs several items to review your project All items are accepted through the NRTigers application portal. Please see 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.
NEW DIGITAL APPLICATION PROCESS
Part A/Preliminary Certification Requirements:
- Property Information
- Statement of Significance
- Description of the Property
- Proposed Work Descriptions
- Pre-rehab photographs (of the entire property, inside and out. See: HPD's Photo Guide (pdf))
- Photo Key (copy of a floor plan keyed to show where photos were taken. See: HPD's Photo Guide (pdf))
- Pre-rehab floor plan of the building
- Proposed floor plan of the building
Part B/Final Certification Requirements:
- Property Information
- Post-rehab photographs (of the entire property, inside and out. See: HPD's Photo Guide (pdf))
- Photo Key (copy of a floor plan keyed to show where photos were taken. See: HPD's Photo Guide (pdf))
- Post-rehab floor plan of the building
As additional information becomes available, including changes to proposed work, applicants must submit an Amendment to the project in the application portal.
Warning: For projects that are initially submitted as substantially complete, lack sufficient information for our review, or do not comply with DCA’s assigned conditions included in our project review letter, the use of tax incentives may be precluded.
