20% Rehabilitation Tax Credit applies to any project that the Secretary of the Interior designates a certified rehabilitation of a certified historic structure (a structure listed on the National Register of Historic Places). The credit is available for properties rehabilitated for commercial, industrial, agricultural or rental residential purposes, but is not available to properties used exclusively as the owner’s private residence
10% Rehabilitation Tax Credit is available for the rehabilitation of non-historic buildings placed in service before 1936. The credit applies only to buildings rehabilitated for non-residential uses. Rental housing therefore would not qualify for the credit. Please note: Public Law No: 115-97 (December 22, 2017) repeals the 10% tax credit.