Contributed by: Technical Preservation Services, National Park Services
Organization: Technical Preservation Services, National Park Services
Dated Posted: March 20, 2026
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The National Park Service announced the issuance of two reports highlighting the Federal Historic Preservation Tax Incentives Program.

The Annual Report on the Economic Impact of the Federal Historic Tax Credits for Fiscal Year 2024, was prepared in collaboration with the Rutgers University Center for Urban Policy Research. The Center analyzed the economic impacts of the historic tax credits on the national economy, and, as the report identifies, the level and breadth of the economic impacts resulting from the credits are quite significant.

The second report, Federal Tax Incentives for Rehabilitating Historic Buildings Annual Report for Fiscal Year 2025focuses on the program’s accomplishments in the last fiscal year. Estimated rehabilitation costs totaled $13.1 billion for preliminary certifications and $8.64 billion for final certifications.

The reports also include case studies of successful projects in Iowa, Florida, Texas, and Ohio.

The Federal Historic Preservation Tax Incentives Program is administered by Technical Preservation Services, National Park Service and the Internal Revenue Service in partnership with the State Historic Preservation Offices. The program promotes historic preservation and community revitalization through historic rehabilitation.