NM Historic Preservation Tax Credit

NM Historic Preservation Division / IRS

Available Historic Preservation

About This Program

NM Historic Preservation Tax Credit is available to homeowners in Albuquerque, NM.

Owners of certified historic structures in New Mexico can claim a 20% federal and 25% state tax credit on qualified rehabilitation expenditures. The property must be listed on or eligible for the National Register of Historic Places, and all work must be approved by the State Historic Preservation Office (SHPO). Combined credits can offset up to 45% of eligible renovation costs.

Combined 45% credit on qualified rehabilitation costs. Non-refundable credits; must have tax liability. Significant paperwork and SHPO approval required.

Data last verified 2026-04-03. How we verify our data.

In Albuquerque, NM, you can combine this program with other local help to cut your cost:

Key Details

  • Property must be a certified historic structure (listed/eligible for National Register)
  • 20% federal credit + 25% NM state credit on qualified rehabilitation costs
  • All work must be pre-approved by NM State Historic Preservation Office (SHPO)
  • Non-refundable credits, requires federal and state tax liability
  • NM SHPO: 505-827-6320

How to Apply

Get free help applying Visit Official Program Page Track this program

505-827-6320

A grant-savvy contractor in Albuquerque, NM can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Albuquerque early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

Documents you will likely need

  • Your federal tax return for the year of the work (this benefit is claimed on your taxes, not through a separate application).
  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • A written estimate from a licensed contractor for the work (many programs require this to apply).
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Rolling, file with federal and state tax returns

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

Who qualifies for NM Historic Preservation Tax Credit in Albuquerque?

NM Historic Preservation Tax Credit is open to homeowners in Albuquerque, NM. It has no income limit.

How do I apply for NM Historic Preservation Tax Credit in Albuquerque, NM?

Apply directly with NM Historic Preservation Division / IRS using the official program link on this page or call 505-827-6320. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Get matched with a pro, free Browse Albuquerque, NM contractors

Find More Programs in Albuquerque, NM

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

See All Programs