State tax credits are often the crucial tool to filling financial gaps for high-impact community development investments. This statement is no more true than in the arena of state historic tax credits (HTCs). Thirty-eight states have some version of a state-level HTC, a credit that's paired with the federal tax credit. In this episode of Tax Credit Tuesday, Michael Novogradac, CPA, and Novogradac partner Warren Sebra, CPA, discuss how to get started using state HTCs, how federal and state HTCs compare, the difference between certificated and allocated credits and how to close financing gaps in states that do not have a state HTC.