Economics

Economics: For Home and Business Owners

Virginia State Rehabilitation Tax Credits are available for owner-occupied and income-producing buildings that are either eligible for listing on the Virginia Landmarks Register (VLR), or are contributing resources within a historic district that is listed on the VLR. Owners can receive a 25 percent tax credit of eligible rehabilitation expenses, provided the work complies with the Secretary of the Interior's Standards for Rehabilitation. Income-producing buildings may also be eligible for a 20 percent Federal rehabilitation tax credit. For more information, please visit the DHR's Tax Credit Site.

Earn Tax Credits for Rehabilitating Your Historic Features.

Cash For Caulkers

Read more about President Obama's plan to provide financial incentives to retrofit American homes.... External Link

Tax Credit FACT:

Rehabilitation Tax Credits increase in disaster areas....Read more at the IRS website.