During an annual legislative reception hosted last week, First Lady Pam Northam highlighted the findings of two just-completed studies showing the sustained and substantial contribution that historic preservation makes to Virginia’s economy, specifically through the state and federal historic rehabilitation tax credits (HRTCs) One study, conducted by the L. Douglas Wilder School of Government and … More New Report Shows Historic Tax Credits Boost Virginia’s Economy
From South Boston to Winchester, St. Paul to Norfolk, many of our Virginia communities have seen significant revitalization as a result of the Federal Historic Tax Credits (HTC). In many cases, if not most cases, rehabilitation of historic structures counts on this funding to make those projects work – and the credits are slated for elimination … More Tax Reform and Downtown Rehabilitation
On Wednesday, Preservation Virginia released a study measuring the economic impact of 30 years of the Virginia Main Street program. The report documents the Virginia Main Street program throughout the last 30 years. The report has documented the direct economic effects across Virginia Main Streets since 1985, when the program was adopted in Virginia to … More Preservation Virginia Releases Economic Impact Study of Virginia Main Street Program
The Department of Historic Resources (DHR) posted a new slide show for their web feature “Historic Virginia, Site of the Month.” This month DHR features images and highlights of the changing nature of the circa-1824 Henry County Courthouse, which found new life in 2010 thanks to grants from Save America’s Treasures and the local Harvest … More Martinsville Courthouse Historic Virginia Site of the Month
Historic preservation is gaining popular recognition as a “green” practice connected to broader sustainability goals. After all, reuse of a historic building is fundamental recycling. From a national perspective, the National Trust for Historic Preservation has created a Sustainability and Historic Preservation Web resource for homeowners, Main Street communities and preservation planners. Now Virginia can … More Virginia Preservation Toolkit, a green guide?