Sign Up For Novogradac Industry Alert Emails

Study: Virginia State HTC Contributes $3.97 Billion to Economy

Thursday, February 6, 2014 - 8:00AM

Virginia’s state historic rehabilitation tax credit (HTC) has stimulated $3.97 billion in private investment between 1997 and 2013, according to a recent report prepared for Preservation Virginia by the VCU Center for Urban and Regional Development. “Economic Impact of Historic Rehabilitation Tax Credit Programs in Virginia” found that the state HTC created more than 31,000 jobs and resulted in the rehabilitation of 2,375 historic buildings, including mills, hotels and theaters. Click here to learn more about state HTCs.  

Learn more about Novogradac's expertise and many services