Rehabilitation Tax Credits
Forms
To ensure that your historic rehabilitation is eligible for state income tax credits, you need to complete the three-step certification process. An
application checklist is provided to guide you in submitting your application.
The first step is to print and fill in the Part 1 application and send it to the address provided,
together with the other materials noted on the checklist. If you are planning to apply for the federal
credit as well as the state credit, note that your application should include two copies of the federal form,
which can be obtained on the
National Park Service Web site.
The department tax-credit staff will contact you about moving forward. Note: Parts 2 and 3 require a processing fee; use the Billing Statement form to determine the fee for your application. Due to increasing cost in processing the applications, the fee has changed as of April 15, 2001 to reflect new costs.
In order to read and print the following forms, Adobe Acrobat Reader must be installed on your computer (free software). Download Acrobat Reader now. If you would like to request the forms in Microsoft Word, which enable you to enter data via your computer, please contact Elizabeth Tune.
- Virginia Tax Credit Application Part 1: Evaluation of Significance
- Virginia Tax Credit Application Part 2: Description of Rehabilitation
- Virginia Tax Credit Application Part 3: Request for Certification of Completed Work
- Virginia Tax Credit Application Checklist
- Virginia Tax Credit Application Billing Statement
- Sample Virginia Rehabilitation Proposal
- Proposed Virginia Regulations
- Federal Tax Credit Application Forms
Using tax credits, Kensington Court, in Richmond, was rehabilitated turning a vacant former nursing home into upscale apartments in 2000.
Frequently Asked Questions about Tax Credits
Sample Description of Rehabilitation Proposal
Selected VLR/NR Historic District Maps