Colorado Community Revitalization Tax Credit
Colorado Office of Economic Development and International Trade
Who can apply
Business, Nonprofit, Government
About this opportunity
The Community Revitalization Tax Credit (CRTC) program was established with HB24-1295, Creative Industry Community Revitalization Incentives. The CRTC program builds on the success of the previous Community Revitalization Grant (CRG) program (2021-2023). CRTC will provide up to $50 million in available tax credits (up to $10 million a year for tax years 2025-2029) for capital projects supporting the creative industry. Eligible projects can apply for tax credits of up to $3 million crediting up to 25% of the total eligible expenses of a project. Business Funding and Incentives (BF&I) at the Office of Economic Development and International Trade (OEDIT) will issue tax credit and run the technical assistance; CCI will manage the program. CRTC Program Guidelines (Google doc) Type: Tax Credit F...