Delaware Historic Preservation Tax Credit
Thirty percent of the state's yearly allocation of HPTCs is reserved for projects in Downtown Development Districts. Eligible projects must include buildings that are individually listed in the National Register of Historic Places; or located within and contributing to a historic district. Applicants to this program must adhere to the U.S. Secretary of the Interior's Standards for Historic Preservation. Projects for income-producing properties may receive up to 20% in credits for allowable rehabilitation expenses; residential (homeowner), and non-profit organization projects may receive up to 30% in credits for allowable rehabilitation expenses. Income-producing projects may also be eligible for additional federal historic preservation tax credits.