IL: Illinois Historic Preservation Tax Credit Program
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Illinois Historic Preservation Tax Credit Program - Tax Assistance Skip to main content SCAM ALERT: DCEO has been made aware of organizations receiving fraudulent “notice of award” letters claiming to be from the Illinois Department of Commerce and Economic Opportunity. These are not legitimate notices from DCEO. If your organization receives a notice, please report it to the Federal Trade Commission and/or the FBI’s Internet Crime Complaint Center . Close button Illinois Historic Preservation Tax Credit Program The River Edge Historic Tax Credit Program provides state income-tax credit equal to 25% of a project’s qualified expenditures to owners of certified historic structures located within River Edge Redevelopment Zones who undertake certified rehabilitations during the taxable year. The substantial rehabilitation investments will create jobs in Illinois, stimulate the economies of River Edge communities, and revitalize historic structures and neighborhoods. The program has recently been extended to December 31, 2021, and will be solely administered by Department of Natural Resources following recent changes in the Historic Preservation Tax Credit Act starting January 1, 2019. Footer Back to top INFORMATION Illinois Economic Plan Corporate Accountability Awarded Grants EDGE Agreements Connect with a DCEO Representative QUICK LINKS Locate Your Business In IL Start Your Business in IL Get Answers to Questions Contact Us Illinois E-Pay