Delaware Extends State Historic Tax Credit Through 2030
Delaware Gov. John Carney signed Sept. 15 legislation to extend the state historic tax credit (HTC) by nine years. S.B. 182 moves the credit’s sunset date to June 30, 2030, from June 30, 2021. Delaware’s HTC is for 20% of qualified expenditures for properties eligible for the federal HTC.
Listen to a recent episode of Novogradac’s Tax Credit Tuesday podcast to learn more about how to better maximize HTC equity.