Office-to-Residential Conversion Tax Credit

DED is seeking input on the draft Office-to-Residential Conversion Tax Credit Program Guidelines. The public comment period is now open until Friday, October 30, 2026 at 11:59 p.m. To submit feedback, please review the draft program guidelines and complete the public comment survey.

Description

Provides an incentive for the conversion of office buildings at least 25 years old to predominantly residential use or for upper-floor housing projects in a commercial building. 

Statutory Authorization

Sections 620.6000, 620.6003, 620.6006.16-.19, and 620.6024 RSMo

Do I Qualify?

Eligible Applicants

Any individual or entity subject to taxation under Chapter 143 (Income Tax) or Chapter 148 (Financial Institutions Tax) Section 501(c) tax-exempt nonprofits are ineligible unless the organization has unrelated business taxable income subject to tax under Chapters 143 or 148.

Eligible Areas

  • Main Street District or,
  • Certified Missouri Innovation Zone (MIZ)

How Do I Apply?

Application Process

A preliminary application, along with a completed MIZ Master Scorecard, if applicable, is submitted to the Department. Applications will be accepted during an application cycle and will be authorized on a first-come, first-served basis. Once the conversion is complete, the applicant will submit a final application with proof of expenditures for tax credit issuance.

Applicants may submit their application via Submittable during the open cycle.

Need Help?

If you have questions or need assistance, please contact DED:

Phone: 573-751-7939

E-mail: ORC@ded.mo.gov

Documents

DRAFT Office-To-Residential Conversion Tax Credit Program Summary

DRAFT Office-To-Residential Conversion Tax Credit Program Guidelines
Document Guide

All Coming Soon!

  • Preliminary Application:
    • Preliminary Application Checklist 
    • E-Verify Affidavit (Business applicants only)
    • Project Scorecard
  • Final Application
    • Final Application Checklist
    • Applicant Final Approval Certification Form
  • Cost Certification
    • QRC and Non-QRC List
    • Cost Certification Spreadsheet
    • Independent Accountant’s Report Template
  • Excess Tax Credits
    • ORC Excess Credits Checklist
    • Excess Tax Credits Application Certification Statement