According to the recently released "Historic Rehabilitation Tax Credit Recapture Survey," very low rates of recapture in Historic tax credit (HTC) transactions have been experienced. The report was commissioned by the National Trust for Historic Preservation and produced by Novogradac and Company LLP.

By surveying of a group of historic tax credit investors that have made significant investments; the study determined the frequency and amount of recapture that investors have experienced with the HTC. Survey respondents report experiencing a historic tax credit recapture rate of less than three-quarters of one percent over the past 10 years. These results are further supported by an analysis of the information obtained from the Internal Revenue Service, which reflects an annual historic tax credit recapture rate of 0.07 percent for 2008.

For more information, please download the PDF to the left.