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VA
Virginia Historic Rehabilitation Tax Credit – Creative Space Redevelopment
State tax credit equal to 25% of eligible rehabilitation expenses for certified historic structures, useful for arts organizations and creative businesses rehabilitating historic buildings.
About this program
Visit the program website for full details.
Eligibility
Owners of certified historic structures undertaking qualified rehabilitation. Rehabilitation costs must be at least 50% of the pre-rehabilitation assessed value.
Requirements
- Property must be a certified historic structure
- Rehabilitation costs must equal at least 50% of the pre-rehabilitation assessed value
- Must apply through Virginia Department of Historic Resources