The Community Revitalization Enhancement District (CRED) Tax Credit provides an incentive for investment in community revitalization enhancement districts (Indiana Code 36-7-13). The credit is established by Indiana Code 6-3.1-19. Please note that the CRED tax credit is not the same as the CRED financing tool established under Indiana Code 36-7-13.

The credit amount is equal to the amount of qualified investment made by the taxpayer during the taxable year multiplied by 25%. The credit may be passed through (see Indiana Code 6-3.1-19-13). The credit is applied against the taxpayer’s state or local tax liability, and may be carried forward to the immediately following taxable years.

An application must be approved before an investment is made. See the application for additional requirements. Download the application here or in the Additional Materials section.

For a list of eligible CREDs, please see the fact sheet here or in in the Addional Materials section.

Contact The Community Revitalization Enhancement District (CRED) Tax Credit

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The Community Revitalization Enhancement District (CRED) Tax Credit is not employed by or affiliated with the Land Conservation Assistance Network, and the Network does not certify or guarantee their services. The reader must perform their own due diligence and use their own judgment in the selection of any professional.

Listed in:

• State Funding / Technical Resources
• Federal and State Tax Incentives and Programs

Contact The Community Revitalization Enhancement District (CRED) Tax Credit

Indiana Economic Development Corporation
1 North Capital Ave
Suite 700
Indianapolis, Indiana  46204
Phone: (317) 232-8800
Toll Free: (800) 463-8081
Fax: (317) 232-4146
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Service Area

Statewide Program in:

• Indiana

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