Please read the tax credit descriptions and tables to understand what type of State Tax Credit you will qualify for.
If you are applying for both Federal and State tax credits, please only use the Federal application. The State process will use the Federal Application to determine eligibility.
Arkansas has two state programs that are managed by the Heritage Division of the Arkansas Department of Parks, Heritage, and Tourism. You can earn Federal Tax Credits independently, or in addition to either state program. An applicant may earn a state tax credit under one of the two state programs, but not both. The tax credit recipient cannot receive a tax credit under any other state law for the same eligible property.
The table shows the amount of credit available by city population. Max Earned Credit is calculated based on the maximum $100,000 credit claim.
| City Population | Tax Credit | Max Credit Earned |
|---|---|---|
| Above 50,000 | 30% | $30,000 |
| Below 50,000 | 35% | $35,000 |
| Below 10,000 | 40% | $40,000 |
| Outside City Limits | 25% | $25,000 |
The table shows the amount of credit available by city population. Max Earned Credit is calculated based on the maximum $1.6 million credit claim.
| City Population | Tax Credit | Max Credit Earned |
|---|---|---|
| Above 50,000 | 30% | $480,000 |
| Below 50,000 | 35% | $560,000 |
| Below 10,000 | 40% | $640,000 |
| Outside City Limits | 25% | $400,000 |
If your investment is over $1.5 million and your property is income producing, you may qualify for the Major Rehabilitation Tax Credit. Click here to view the Major Rehabilitation Tax Credit.
The State Tax Credit Application has several parts. Some parts may not be completed in order or may need to be completed after certain conditions are met. Please read the description before clicking the application link to ensure you are at the correct part.
Both the Non-Income and Income Producing Tax Credits use the same application. Please choose the correct one in the application.
Please format supplemental photos following the National Park Service Electronic File Format Standards and File Naming Conventions.
All applications should be emailed or mailed to Tom Marr at the following address:
If your building is listed on the National Register of Historic Places, please start with the Description of Rehabilitation application.
Rehabilitation work is only valid for buildings listed on the National Register of Historic Places. If your building is not listed, please start with the Evaluation of Significance application.
This application should only be submitted after the rehabilitation work has been completed.
You will only need to use this part of the application if: