Due in part to legislative changes, the Delaware Division of Historical and Cultural Affairs has proposed new regulations pertaining to the state historic preservation tax credit program. For a copy of the proposed regulations, as well as instructions on how to submit public comments, go to Amendments to the Regulations Governing the Historic Preservation Tax Credit Program. The deadline for submission of comments is Sept. 4, 2018.
As of the close of business on July 31, 2018, the division is not able to accept any new applications for the state’s tax credit program, or any new parts of existing applications, until after the administrative-rules process is complete.
The proposed rules do not affect the Federal Historic Tax Credit Program. Owners of commercial historic properties that are interested in applying for federal tax credits should go to Federal Rehabilitation Tax Incentive Program, or go directly to the National Park Service website.