Tag: West Virginia Historic Rehabilitation Tax Credit

Training on Historic Rehabilitation Tax Credit Planned

A training session on West Virginia’s Historic Rehabilitation Tax Credit program is being presented next month.

The Wheeling Historic Landmark Commission is hosting the event at Wheeling City Council Chambers on Jan. 4 at 5:30 p.m., and the session is free and open to the public.

The West Virginia State Historic Preservation Office will give a presentation on changes to the tax credit program passed by the state Legislature in October, including an increase in the Commercial Historic Rehabilitation Tax Credit. The changes become effective in January.

The State Historic Preservation Office tax credit coordinator, Jennifer Brennan, said the changes will be important for people considering using it in historic rehabilitation, especially for commercial applications.

West Virginia Agency Offering Tax Credit Training Program

The West Virginia State Historic Preservation Office is presenting a training session on a tax credit program and changes that become effective in January.

The session next week will include a presentation on changes to the Historic Rehabilitation Tax Credit program passed by the West Virginia Legislature in October. The changes include an increase from 10 percent to 25 percent in the Commercial Historic Rehabilitation Tax Credit.

The program is at 2 p.m. Tuesday at Hinton City Hall. It’s hosted by the Hinton Historic Landmark Commission and is free and open to the public.

The West Virginia Division of Culture and History said in a news release the training session will also cover additional changes to the tax credit program, new requirements and an explanation of the program’s financial incentives.

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