WVHDC Program Overview
Will My Property Qualify?
Properties must be located in the
Warren Voluntary Historic District
or
buildings over 100 years old qualify
for the Warren Tax Credit.
What
type Of Work Qualifies?
Most exterior repairs which meet the
Standards & Guidelines will qualify.
Original materials should be
repaired.
If materials are beyond
repair, they must be replaced in
kind.
No interior work or
landscaping can qualify for a tax
credit.
How Much Can I Save On Repairs To My
Property?
Owners of historic residential
properties that are either owner or
non-owner occupied can qualify for a
Warren real estate tax credit up to
20% of the cost of exterior
restoration work.
For every $1,000.00 you spend
you get $200.00 back.
Owners of Historic properties that
are occupied by both residential and
commercial tenants can also qualify
for a Warren real estate tax credit
up to 20% of the cost of exterior
restoration work done on the
residential portion of the property.
Again for every $1,000.00 you spend
you get $200.00 back.
Can I Qualify For State Tax
Credits?
For owner of single family
residences or residences with rental
units that are owner occupied and
located in the National Historic
District, you may be eligible for an
additional State of Rhode Island
income tax credit equal to 20% of
the cost
of exterior restoration work.
For every $1,000.00 you spend you
get $200.00 back! (Some restrictions
may apply for 4 or more family
houses)
How Can I Apply?
The application process has been
designed and simplified to make it
easy to qualify for a Warren real
estate tax credit, waiver of certain
construction fees and possible State
of Rhode Island and Federal Tax
Credits.
The application process does not
require personal financial
information.
The committee and building
official will be happy to assist you
in he preparation of the
application.
You can complete you
application on line or print it out
a complete it.
Your application will be
reviewed
for approval within 30 days
of it’s filing.
There is no application fee.
You must submit your application and
photographs of the building before a
building permit can be issued under
this program.
For a detailed description of our
program please see our Guidelines,
Rules & Regulations.
