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Historic Preservation and Cultural and Entertainment District Tax Credit Program Workshop Announced

Posted on: January 26, 2017
For more information contact:

Tina Hoffman, Iowa Economic Development Authority
Phone:   515.725.3150, mobile 515.783.8225
communications@iowaeda.com

January 26, 2017 (Des Moines) - The Iowa Economic Development Authority (IEDA), in partnership with the Department of Cultural Affairs’ (DCA) State Historic Preservation Office (SHPO), administers the Historic Preservation and Cultural and Entertainment District (HPCED) Tax Credit program. The program provides state tax incentives for the sensitive rehabilitation of historic buildings. Through this program, underused or vacant schools, warehouses, factories, residences and other buildings throughout Iowa have been returned to useful life in a manner that maintains the historic character.

New administrative rules were enacted due to legislative changes, and the application and review process has been updated. IEDA will accept the next round of applications, referred to as a registration round, from April 10-24, 2017. Applicants can apply for registration online at https://taxcredit.iowa.gov/ during these dates. An additional registration round is expected to be open in the fall of 2017.

An application workshop where interested parties can learn more about the HPCED program application process, review criteria and the new administrative rules has been scheduled for February 23, 2017, from 10 a.m. to noon at the State Historical Building Auditorium located at 600 E. Locust St. in Des Moines. The workshop will be jointly hosted by IEDA and DCA’s SHPO. To register for the workshop, visit https://www.surveymonkey.com/r/TaxCreditRegistrationWorkshop.

To learn more about the workshop, the HPCED program or the registration process, please Dan Hansen at IEDA at 515.725.3128 or Daniel.Hansen@IowaEDA.com. Media inquiries should be directed to Tina Hoffman at 515.725.3150 or communications@iowaeda.com.

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