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Navigating Short Pump Preservation Regulations and Incentives
Short Pump benefits from Virginia’s robust historic preservation programs, including:
- Virginia Historic Rehabilitation Tax Credits: Offering up to 25% state and 20% federal tax credits on eligible rehabilitation costs for certified historic structures. Many properties in Short Pump qualify under these programs, reducing financial burdens.
- Historic Preservation Easements: Donations of preservation easements offer federal income tax deductions while protecting the exterior and significant features of historic properties in perpetuity.
- Grant Opportunities: Access to grant funding through the Virginia Department of Historic Resources, National Park Service grants, and local community foundations supporting preservation efforts.
Hunnicutt Construction’s experience navigating these programs ensures smoother approvals and maximizes financial benefits for your restoration project.
