Historic Tax Credits
Historic Tax Credits have been used in 90 out of North Carolina's 100 counties, in both rural and urban areas. They have brought in over $1.6 billion in private investment into North Carolina communities, boosting local economies and creating jobs while preserving our state’s priceless historic character.
Large cities and small towns across our state have benefitted from these credits with vibrant, busy downtown areas. Cultural and heritage tourism thrives with the preservation of ‘authentic’ North Carolina historic buildings bringing in tourism dollars and continued economic strength.
Historic Tax Credits are used by business and homeowners who own historic properties listed in the National Register of Historic Places to preserve their buildings within defined guidelines. The tax credits are taken after the projects are completed when the owners file their taxes. No state monies are used upfront for these credits, but rather owners take the risk and pay less at the time taxes are due.
Secretary Kluttz's Tour
Since January 2015, Secretary Susan Kluttz has been traveling the state to see the impact Historic Tax Credits have on communities first-hand and meet with community leaders and local legislators to explain their importance.
Check out the map below to see the nearly 75 stops she's made so far in more than 50 communities across the state.
How You Can Help
Wondering how you can help the campaign to bring back the Historic Tax Credits program? The answer is simple. Please contact your local legislator and tell them how much Historic Tax Credits mean to you and your community.
You can also join more than 5,000 other North Carolinians who have signed a petition started by the N.C. Metropolitan Mayors Coalition to bring back the historic tax credits and tweet about how historic preservation has affected your community using #OldBuildingsNewJobs.
Follow Secretary Kluttz on Twitter to learn more.