Delaware Again Extends $8 Million Annual Allocation of State HTCs
Legislation signed into law by Delaware Gov. John Carney extends the annual $8 million allocation for state historic tax credits (HTCs) by one year. H. 475 provides the allocation of HTCs through fiscal year 2028. This was the fourth consecutive year the Legislature extended the period of the credits since the annual cap was increased from $6.5 million to $8 million in 2018.
The Novogradac Historic Rehabilitation Handbook provides an overview of the HTC and the intricacies of the incentive.