DHR’s Tax Credit program provides state tax credits to property owners who undertake the rehabilitation of historic buildings in compliance with the Secretary of Interior’s Standards for Rehabilitation. Through the federal and state rehabilitation tax credit programs, property owners are given substantial incentives for private investment in preservation, resulting in enormous advantages to the public. The preservation of these structures encourages a connection to the past, enhances the identity of a community, and stimulates private investment.
Programs
DHR has secured permanent legal protection for over 700 historic places - including 15,000 acres of battlefield lands
DHR has erected 2,532 highway markers in every county and city across Virginia
DHR has registered more than 3,317 individual resources and 613 historic districts
DHR has engaged over 450 students in 3 highway marker contests
DHR has stimulated more than $4.2 billion dollars in private investments related to historic tax credit incentives, revitalizing communities of all sizes throughout Virginia