Tax Credits in Louisiana (and Federal)

[Tyler Faison]

I’m under contract for a commercial building in a designated historical district. It’s also in an Opportunity Zone. I have some options on what to do with it, but one of the main mysteries is how the tax credits work in Louisiana. I have gotten conflicting info from brokers, independent consultants and government officials. I’m curious if anyone here has experience in receiving any such benefits in Louisiana.

Are these “tax credits” in the form of a check after the work has been completed and approved?

Thanks in advance!