Historic Preservation Tax Credit Program (HTC)

Improvement Town Hall - March 8, 2023

• Presentation Slides
• Draft Rules
• Final Recommendations

1. Creating a Submittable Account
2. Submittable Navigation
3. Submitting Forms and Troubleshooting
4. Amendment Request Form
5. General Applicant Information Amendment
6. Scope of Work Amendment
7. Document Request Form
8. Existing Project Request Form
9. Cost Certification Process
10. Documents Needed for Cost Certification
11. Independent Accountants' Report Walkthrough
12. Applicant Final Approval Certification Form Walkthrough
13. Cost Certification Form Excel Version
14. General Contractor Breakout Sheet Walkthrough
15. Issues to Avoid on the Cost Certification Form

Workshops:

DED recently held three virtual workshops that covered how to use Submittable to submit forms during the various stages of an HTC project. Check out the list below which provides recordings of the various workshops.

Workshop Video Recordings:

• HTC Preliminary Application / Amendment process
• HTC Final Application / Excess Credit process
• HTC Cost Certification / CPA Training process

For FY23

• The $90M HTC Cap was increased by $14,378,270.19 on June 29, 2022, making a total Cap for all projects of $104,378,270.19.
• Please note that all funding for FY2022 expired at 5:00 pm on Friday, June 30, 2023.

For FY24

• The $90M HTC Cap was increased by $14,378,270.19 on June 29, 2022, making a total Cap for all projects of $104,378,270.19.

Authorization

Sections 253.545 to 253.559, RSMo

Rules

HTC Program Rules

Guidelines

2022 Guidelines

Prior Rules

Click here for details on which rules apply to your project.

2014 HTC Rules

Prior Guidelines

2019 Final Guidelines

2014 Preliminary Guidelines

2009 Final Guidelines

Pursuant to Executive Order 20-04 (EO 20-04) issued by Governor Parson, the Department of Economic Development (DED) has received a waiver granting it permission in the interest of public health and safety to temporarily suspend certain statutory requirements relating to the Historic Preservation Tax Credit during the COVID-19 emergency and subsequent recovery period. 

In particular, the following deadlines from subsections of § 253.559 RSMo, have been temporarily suspended:

§ 253.559.7 RSMo - Applicants that receive preliminary approval from DED on or after July 1, 2019 shall submit evidence demonstrating the capacity to finance the expenses for rehabilitation within sixty (60) days following the date of preliminary approval letter. § 253.559.8 RSMo - Applicants that receive preliminary approval from DED shall begin physical work on their project and incur no less than ten percent (10%) of the estimated costs of rehabilitation within nine months [or two years, for projects authorized prior to August 28, 2018] of the date of DED’s issuance of the preliminary approval letter.

Under the temporary suspension, DED will suspend its determinations in the quoted statutory provisions for a period equal to the duration of the effective period of EO 20-04, including any extensions, in addition to three months. With the current extension that is in place as a result of Executive Order 21-09 signed August 27, 2021, this would result in an extension of 743 days including the three months, for impacted determinations.

Please use the 60 Day – 10% Calculator to determine the applicable due dates for your project. 

To calculate these dates: 

• Use the dropdown selector in cell A2 to select when the Preliminary Application was received by DED. 
• Enter the date of the DED approval letter in Cell B2.  This will auto populate a “New” due date for the 60 day financing requirement in cell D2 and one for the 10% incurrence requirement in cell F2.
• Please contact DED at: redevelopment@ded.mo.gov or 573-522-8004 if you have a question regarding the applicable waiver for your project.

• DNR State Historic Preservation Program (SHPO)
• Federal Historic Preservation
• National Register of Historic Places