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Provide an incentive for the redevelopment of commercial and residential historic structures in Missouri

Please note:

The provisions of preliminary application and guidelines and final application and guidelines are effective on all incoming preliminary applications received by DED on the date the accompanying administrative rules, 4 CSR 85-5.020-.030, become effective - February 28, 2009.

Effective May 1, 2007, for all final cost certifications submitted, DED will require that any state qualified rehabilitation expenditures incurred by or on behalf of the project owner due to transactions with related parties be examined by the CPA in the cost certification. The project owner is considered related to the party providing project goods or services under the following circumstances: (1) the project owner has a financial interest in the other party (i.e., general contractor, subcontractor, vendor, etc.); (2) one or more of the officers, directors, stockholders, or partners of the project owner is also an officer, director, stockholder, or partner of the other party; (3) an officer, director, stockholder, or partner of the project owner has a financial interest in the other party or has controlling interest in the management or operation of the other party; (4) the project owner receives a fund advance from the other party; or (5) the project owner grants the other party stock or an ownership interest in the project owner as full or partial payment of the project owner's obligation to the other party

Sections 253.545 to 253.559, RSMo


Any taxpayer is eligible to participate in this program. Not-for-profit entities and government entities are ineligible. Any participation by not-for-profit entities, including but not limited to ownership interest, capital contributions, distribution of tax credits, incurrence or payment of rehabilitation expenses, lease to a tax-exempt entity, may result in the reduction of tax credits.


The program provides state tax credits equal to 25% of eligible costs and expenses of the rehabilitation of approved historic structures

This tax credit can be applied to:

  • Ch. 143 – Income tax, excluding withholding tax
  • Ch. 148 –
    • Bank Tax
    • Insurance Premium Tax
    • Other Financial Institution Tax

This credit’s special attributes:

  • Carryback 3 years
  • Carryforward 10 years
  • Sellable or transferable


  • Effective 1/1/2010, there is a program cap of $70 million for projects receiving tax credits over $275,000.
  • Effective 7/1/2010, the cap is $140 million for projects receiving tax credits over $275,000.
  • Owner occupied residential has a project cap of $250,000 and projects receiving less than $275,000 do not fall under the program cap.

An application is submitted to the Missouri Department of Economic Development (DED), which will then submit the information to the State Historic Preservation Office to determine the eligibility of the property and proposed rehabilitation, based on the standards of the U.S. Department of the Interior. There are no application deadlines, and the program is non-competitive.

The "Tax Credit Accountability Act" reporting form must be submitted to DED by June 30 each year for three years following the year of the first issuance of tax credits.

An eligible property must be:

  • listed individually on the National Register of Historic Places;
  • certified by the MO Department of Natural Resources as contributing to the historical significance of a certified historic district listed on the National Register; or
  • of a local historic district that has been certified by the US Department of the Interior.

The costs and expenses associated with the rehabilitation must exceed 50% of the total basis of the property (acquisition cost).



Missouri Department of Economic Development
Division of Business and Community Services
Development Finance Team
301 West High Street, Room 770
P.O. Box 118
Jefferson City,   MO  65102
Phone: (573) 522-8004   Fax: (573) 522-9462