Historic Preservation Tax Credit Program

Preserving our state’s history and culture is vital to growing the economy and attracting talent.

The Historic Preservation Tax Credit Program incentivizes developers to maintain the integrity of Missouri historic buildings by giving them new life.

Fiscal Year 2022 Application Cycles

With the help of 100 Historic Preservation Tax Credit (HTC) stakeholders’ input, the Department of Economic Development (DED) is pleased to announce several positive changes to the HTC Program beginning July 1, 2021. We have enhanced transparency, improved customer service, and simplified project scoring to reflect the criteria added by Senate Bill (SB) 590, effective in 2018. The result will be a stronger HTC program that will do even more to revitalize Missouri communities.

Notable accomplishments for Fiscal Year 2022 include:

  • Simplified scoring categories
  • Adjusted scoring threshold and ranges within categories 
  • Electronic submission of applications and other materials 
  • Reduced uncertainty for self-scoring
  • Improved competitiveness of residential/ housing projects
  • Ensured competitiveness of both rural and urban projects
  • Streamlined final application process

Fiscal Year 2022 Round 2 Timeline:

Application Cycle Opens: December 1, 2021 8:00am

Application Cycle Closes: December 31, 2021 5:00pm

Application Review Period: January 1, 2022 – February 28, 2022

DED Application Review Determination: Starting March 1, 2022

Award Announcement: Upon SHPO Approval

This publication serves as notice for the Round 2 application cycle pursuant to 4 CSR 85-5.020 (4) (A).  Currently, there are applications in line in excess of the $90M state-wide cap for FY22 (July 1, 2021 – June 30, 2022).  Once the $90M state-wide cap is exhausted allocations for the $30M Qualified Census Tract (QCT) cap will commence.  The potential may exist that cap space may be available if the projects in line do not gain all necessary approvals to move forward to an authorization.

A Tier 1 preliminary application that has been received by the department, but has not been approved due to an exhaustion of the program cap, will be placed in line for review until there is sufficient program cap space due to a rescission of authorized tax credits for such state fiscal year in which the program cap has been exhausted or until the next state fiscal year with sufficient program cap space.

Tier 2 and Tier 3 preliminary applications that have been received by the department, but have not been approved due to an exhaustion of the program cap, will not be further considered.
 

Fiscal Year 2022 Round 1 Timeline:

Application Cycle Opens: July 1, 2021

Application Cycle Closes: July 30, 2021

Application Review Period: August 1, 2021 – September 30, 2021

DED Application Review Determination: Starting October 1, 2021

Award Announcement: Upon SHPO Approval

Electronic Submission Improvements

In addition to the new guidelines, DED is working to completely digitize the HTC Program and improve agency-to-agency collaboration by implementing Submittable beginning July 1, 2021. Submittable is a software used to accept online applications and forms, as well as to review information and communicate with applicants. DED held a training on June 22, 2021 on the use of the new digital tool and improved program processes. View the recorded training.

Want to Apply?

Applicants must submit a preliminary application and accompanying materials to DED prior to starting a rehabilitation project. 

The amount of tax credits requested for the project determines what must be submitted to DED for the preliminary approval process, in addition to the availability of tax credits and the submission timelines. 

After determining the amount of tax credits that will be requested (25% of anticipated total qualified rehabilitation expenditures) please use the applicable list below for the documents that must be submitted to DED.

For projects applying for both state and federal credits, SHPO advises two complete copies of the federal application be submitted as soon as possible directly to the SHPO.  Submitting the federal application as early as possible provides opportunity for the SHPO to verify that a property is a certified historic structure and begin review of the scope of work while DED completes scoring for a round. Following receipt of determination directly from the NPS office that the proposed scope of work is consistent with the standards of the Secretary of the United States Department of the Interior for Rehabilitation, SHPO will make a determination on state applications.

 

Submit Forms Electronically

 

Relevant Documents

Less than $275K in requested tax credits More than $275K in requested tax credits
Preliminary Application Checklist (Less than $275K in requested credits) Preliminary Application Checklist (More than $275K in requested credits)
  Exhibit 2 - Average Wage for Estimated New Job Creation
  HTC Vacancy Table

 

Application Scoring Guide and Scorecard
  Property Lookup
Already Applied?

Under certain circumstances, revisions to the project are necessary prior to starting the work, during the rehabilitation, or even after completion of the rehabilitation.  Various factors can affect the eligibility of the project; therefore, an amendment request must be submitted to DED as soon as a revision is necessary (see program guidelines for more details).

Submit Forms Electronically

Instructional Videos

Amendment Process

Finished with Your Project?

Fiscal Year 2022 Final Application Process Improvements

The Final Application process has been streamlined with the help of external CPAs who review HTC projects. Applicants must submit a final application and accompanying materials to DED after completing a rehabilitation project in order to receive tax credits. Please note that DED does not require and will not accept copies of proofs of payment, invoices, change orders, etc. DED reserves the right to request documentation for any expenditure.

Applicants must also submit a Cost Certification Form (Excel) and accompanying materials to DED in order to verify the eligibility of the project costs. All projects regardless of size require an Independent Accountants' Report to be completed by a CPA licensed in the state of Missouri.

  • If you submitted your Preliminary Application using Submittable, you should have received the Final Application form within the submission.
  • If you have not submitted your Preliminary Application using Submittable, please use the following link and complete the 'Existing Projects' form.

 

Submit Forms Electronically

 

Relevant Documents

Final Application Checklist

QRE & NQRE List

Cost Certification Excel Form

Applicant Final Approval Certification Form

Independent Accountants' Report

 

Instructional Videos

Existing Project Request Form

Cost Certification Form

Already Received Your Authorized Credits?

If the amount of eligible rehabilitation costs and expenses incurred by an applicant would result in the issuance of an amount of tax credits in excess of the preliminary approval amount, such taxpayer may apply to DED for issuance of tax credits in an amount equal to such excess using the Excess Tax Credit Request Form

The amount of tax credits requested under the preliminary application determines the availability of tax credits and the submission timelines (see program guidelines for more details).

  • If you submitted your Preliminary Application using Submittable, you should have received the Excess Tax Credit Request form within the submission.
  • If you have not submitted your Preliminary Application using Submittable, please use the following link and complete the 'Existing Projects' form.

 

Submit Forms Electronically

 

Relevant Documents

Missouri Transfer Form

Have Questions?

If you have questions or need help, please contact us at:

Missouri Department of Economic Development
301 West High Street, Room 770
P.O. Box 118
Jefferson City, MO 65102

Phone: (573) 522-8004
Fax: (573) 522-9462
Email: redevelopment@ded.mo.gov

 

Relevant Documents

Frequently Asked Questions

Submit Forms Electronically

FAQ for New Digital Application (Submittable)

Effective October 1, 2021, all HTC project forms must be submitted using Submittable and not FTP.

Effective October 1, 2021, any active projects started outside of Submittable must use the Existing Project Request Form for any future HTC form submissions within Submittable.

FY22 preliminary applications (for projects requesting $275K or more in tax credits) will be available for submissions from December 1, 2021 to December 31, 2021 at 5:00 pm CST.

FY22 preliminary applications (for projects requesting less than $275K in tax credits) can be submitted any time.

Notices

FTP Electronic Submission Instructions for Existing Projects or Request for Excess Credits

Upload Program Application(s) and Documents

Electronic Submission Guidelines

The FTP is a file system that allows you to send large documents that are too big to go through email. Sending documents through FTP can also help you save space in your inbox!

To upload a file, please click here and enter the username and password provided below:

Username: ded.redevelopment

Password: BCSformupload2020

Please begin file name (Notes) with project address - followed by document description. Do not use a colon (:) in the file name as the file will fail to upload.

Example:  123 Main Street – Final Application

Need help? Click here.

A notification email confirming receipt will be sent to the email address listed in the application within 3 business days.

Program Laws, Rules, and Guidelines

Authorization

Sections 253.545 to 253.559, RSMo

 

Rules

HTC Program Rules

 

Guidelines

2022 Guidelines

Third Party CPA Review

For applicants that would like a third party CPA review on a particular project, please notify us at redevelopment@ded.mo.gov

For a full listing of the requirements, please see Third Party CPA Requirements document.

Prior HTC Rules, Guidelines, and Application Cycles

Prior Rules

Click here for details on which rules apply to your project.

2014 HTC Rules

 

Prior Guidelines

2019 Final Guidelines

2014 Preliminary Guidelines

2009 Final Guidelines

 

Fiscal Year 2021

Currently, there are applications in line in excess of the $90M state-wide cap for FY21 (July 1, 2020 – June 30, 2021).  Once the $90M state-wide cap is exhausted allocations for the $30M Qualified Census Tract (QCT) cap will commence.  Currently, there are applications in line in excess of $25M for the $30M QCT cap.  The potential may exist that cap space may be available if the projects in line do not gain all necessary approvals to move forward to an authorization. A Tier 1 preliminary application that has been received by the department, but has not been approved due to an exhaustion of the program cap, will be placed in line for review until there is sufficient program cap space due to a rescission of authorized tax credits for such state fiscal year in which the program cap has been exhausted or until the next state fiscal year with sufficient program cap space. Tier 2 and Tier 3 preliminary applications that have been received by the department, but have not been approved due to an exhaustion of the program cap, will not be further considered.

 

FY 21 Round 1 timeline:

Application Cycle Opens:  April 1, 2020

Application Cycle Closes:  April 30, 2020

Application Review Period:  April 30, 2020 – June 30, 2020

Award Announcement:  On or after July 1, 2020
 

FY 21 Round 1 Application Extension:

Application Cycle Extension Opens:  May 1, 2020

Application Cycle Extension Closes:  June 30, 2020

Application Review Period Extension:  June 30, 2020 – August 31, 2020

Award Announcement Extension:  Prior to October 1, 2020

 

FY 21 Round 2 timeline:

Application Cycle Opens: December 1, 2020

Application Cycle Closes: December 15, 2020

Application Review Period: December 15, 2020 – January 15, 2021

DED Application Review Determination:  On or after January 15, 2021

Award Announcement: Upon SHPO Approval prior to June 15, 2021

HTC Waiver

Pursuant to Executive Order 20-04 (EO 20-04) issued by Governor Parson, the Department of Economic Development (DED) has received a waiver granting it permission in the interest of public health and safety to temporarily suspend certain statutory requirements relating to the Historic Preservation Tax Credit during the COVID-19 emergency and subsequent recovery period. 

In particular, the following deadlines from subsections of § 253.559 RSMo, have been temporarily suspended:

  • § 253.559.7 RSMo - Applicants that receive preliminary approval from DED on or after July 1, 2019 shall submit evidence demonstrating the capacity to finance the expenses for rehabilitation within sixty (60) days following the date of preliminary approval letter.
  • § 253.559.8 RSMo - Applicants that receive preliminary approval from DED shall begin physical work on their project and incur no less than ten percent (10%) of the estimated costs of rehabilitation within nine months [or two years, for projects authorized prior to August 28, 2018] of the date of DED’s issuance of the preliminary approval letter.

    Under the temporary suspension, DED will suspend its determinations in the quoted statutory provisions for a period equal to the duration of the effective period of EO 20-04, including any extensions, in addition to three months. With the current extension that is in place as a result of Executive Order 21-09 signed August 27, 2021, this would result in an extension of 743 days including the three months, for impacted determinations.


Please contact DED at: redevelopment@ded.mo.gov or 573-522-8004 if you have a question regarding the applicable waiver for your project.