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Business Incentives
Tax Credits for Historic Rehabilitation
Most properties located within the Downtown Statesville Commercial District are eligible to receive a Tax Credit for Historic Rehabilitation. Under this program, owners of income producing properties that are considered contributing to the Commercial District may receive state and federal tax credits totaling 40% of the cost of the rehabilitation.
For more information on this project and on eligibility, contact Downtown Statesville Development Corporation at 704-878-3436 or (info@downtownstatesvillenc.org). The North Carolina State Historic Preservation Office website is www.ah.dcr.state.nc.us/ and the Tax Credit for Historic Rehabilitation link is www.ah.dcr.state.nc.us/tchome.htm
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