Do you have a Historic Building that needs rehabilitation or safety upgrades?
Federal, state and local financial assistance is available to support rehabilitation of Historic Structures in Park City.
- Federal Historic Building Rehabilitation Tax Credit – a 20% non-refundable federal income tax credit for the rehabilitation of historic buildings that are used as income-producing properties, including commercial, or residential rental use. To be eligible for this tax incentive, the following must be met:
- The historic building must be listed in the National Register of Historic Places or be certified as contributing to the significance of a "registered historic district."
- The project must meet the "substantial rehabilitation test."
- The rehabilitation work must be done according to the Secretary of the Interior's Standards for Rehabilitation.
- After rehabilitation, the historic building must be depreciable, such as in a business, commercial or other income-producing use, for at least five years. Owner-occupied residential properties do not qualify for the federal rehabilitation tax credit.
See additional eligibility requirements HERE.
- Utah Historic Preservation Tax Credit – a 20% non-refundable state income tax credit for rehabilitation of historic buildings that are owner-occupied residences or residential rentals. Click on the link to see what work qualifies. To be eligible for this tax incentive, the following must be met:
- Qualified buildings listed on the National Register of Historic Places
- Project costs exceed $10,000
- The rehabilitation follows the Secretary of the Interior's Standards for Rehabilitation. For guidance on how to apply the Standards, see the Secretary of the Interior's Guidelines for Rehabilitation.
- The building is used for residential purposes going forward. In the case of residential rental properties, the State credit can sometimes be combined with the Federal credit, resulting in a 40% tax credit.
See what type of work qualifies HERE
- Park City’s Historic District Grant Program (see below)
The City provides a 50% matching grant for eligible work that may include but is not limited to:
- Painting Exterior
- Repairing/restoring/replacing windows
- Repointing masonry
- Restoring Historic retaining walls
- Repairing or replacing roofs
- Electrical updating
- Upgrading mechanical systems
- Reconstructing Historic porches
- Restoring Historic features
- Repairing or replacing Historic Structure foundations
- Abating lead, asbestos or mold
- Upgrading insulation
The Historic District Grant application for Quarter 1 of Fiscal Year 2027 is now open from July 1, 2026 through September 30, 2026. Please view the information guide and application. Please view the information guide and application.