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IA

Historic Preservation Tax Credit — Restaurant in Historic Building

State tax credits for rehabilitation of certified historic Iowa buildings, including restaurants and cafes occupying or rehabilitating historic commercial spaces. Up to $45M available per year; 85% of credit is refundable in 2025. Small projects accepted year-round.

About this program

Visit the program website for full details.

Eligibility

Individuals, LLCs, nonprofits, and other entities rehabilitating certified historic structures in Iowa, including restaurant operators and developers of food service spaces in historic buildings.

Requirements

  • Property must be a certified historic structure
  • Rehabilitation must meet SHPO and IEDA standards
  • Annual application window; small projects accepted year-round