COtax_creditpct_of_investmenttransferable
Colorado Community Revitalization Tax Credit
CO-CRTC · Colorado
Summary
Transferable tax credit equal to 25% of eligible capital-improvement project expenses for mixed-use projects located within a Colorado creative district, historic district, neighborhood commercial center, or main street that support creative industries and their workers. Cap: $3 million in tax credits per project. Successor program to the Community Revitalization Grant (HB22-1409) which preceded it. OEDIT-administered; transferable to taxpayer with state liability if the original applicant is a 501(c)(3) or other low-tax entity.
Benefit
- Percentage
- 25% of investment
- Flat
- —
- Duration
- —
- Max annual
- — (taxpayer)
- Max total
- $3,000,000 (taxpayer)
- Carryforward
- —
Program metadata
- Distribution
- allocated
- Claimant subject
- business
- Refund/transfer election
- transferable_only
- Program family
- —
- Effective
- —
- Sunset
- —
- Application deadline
- —
- Transfer discount
- —
Hard requirements (1)
- local_approval_requiredOEDIT must approve the project as part of the CRTC allocation process. Application reservation + issuance steps required before the credit can be claimed.
Preference / tiering rules (0)
None.
NAICS industries (0)
Any.
Geo zones (1)
- statewide — · Colorado state-designated districts
Tags (2)
- requires_creative_district_or_main_street: true
- predecessor_grant_program: CO-CRG-HB22-1409
Approval requirements (1)
- requiredCO OEDIT / Economic Development Commission — OEDIT (via the Economic Development Commission) approves CRTC allocations. Reservation application + issuance application steps required.
Source
HB24-1295; CRTC TY26 Program Policies and Procedures (Google Doc, OEDIT-published)
Last verified: 2026-04-30
CO-statewide. Eligibility geography: creative districts (state-designated by Colorado Creative Industries division, see CO-CCI-DIST listing), historic districts (State Register), neighborhood commercial centers, main streets. Source page returned CloudFront 403 from this fetch path 2026-04-30 — details synthesized from WebSearch metadata + OEDIT press release ($10M awarded across 10 mixed-use projects in announcement) + Program Policies and Procedures Google Doc. Re-verify directly on next fetch attempt; rule_status reflects this provenance gap. Predecessor grant program (HB22-1409, ~$98M to 59 projects) is OUT-OF-SCOPE — grant programs other than CO-CBO-ACCESS-EXPERTS not in current scope.