Contact the Nebraska State Historic Preservation Office (NeSHPO) to learn more about the eligibility of your project. Also, check out the instructions for the Federal Historic Tax Credit, the Nebraska Historic Tax Credit, and the Valuation Incentive Program (VIP). Also, check out this how-to guide on Planning Successful Rehabilitation Projects.
The rehabilitation standards and required information are the same. We encourage you to fill out both applications. Each program has its own paperwork, however, the NHTC application is entirely online while the Federal application and VIP application must be typed, printed, and then mailed. Please reference our online comparison chart for differences in eligibility and other financial details.
Yes and No. The Valuation Incentive Program (VIP) can be used on your personal home. However, single-family detached residences are not eligible for the Federal and State Historic Tax Credit.
Most pre-approved work on the interior and exterior qualifies. Landscaping, furnishings, additions, and moveable equipment do not qualify. For more information on what qualifies, visit the IRS website.
It depends, the Nebraska State Historic Preservation Office (NeSHPO) will assess whether or not the existing windows are either beyond repair or ahistorical. If the NeSHPO determines that the windows can be replaced, the replacement windows must match the old in design, color, texture and other visual qualities.
You must submit an amendment form to the Nebraska State Historic Preservation Office (NeSHPO) for review.
Yes, you can start and submit Part I with the written consent of the current property owner.
No. An application must be submitted prior to starting work on your property.
Yes and No. The Nebraska Historic Tax Credit can be sold to a third party of a financial institution (this is potentially a great option for interested non-profits). The Federal Historic Tax Credit is not transferable. Please see the Nebraska Department of Revenue website for more details.
Yes, all work on the interior and exterior of the property will be reviewed using the Secretary of Interior Standards. Even work that does not count an eligible expenditure, will be reviewed.