Virginia Historic Preservation Tax Credits

Virginia Historic Preservation Tax Credits are financial incentives offered to property owners who undertake the rehabilitation of certified historic structures. These credits allow taxpayers to claim a percentage of their renovation costs as a credit against state income taxes, encouraging investment in heritage properties. The program aims to preserve Virginia’s historic sites, promote sustainable development, and stimulate local economies. To qualify, projects must meet specific standards and receive approval from the Virginia Department of Historic Resources. By harmonizing preservation with economic growth, these tax credits support both cultural heritage and community revitalization.