Measure Last Modified Aug 04 2020 12:45 | Measure Last Published Sep 04 2019 03:51 | Active |
Data Source and Calculation Agency records on the monetary value of rehabilitation projects leveraged by state and federal rehabilitation tax credits and certified through Department of Historic Resources assistance as meeting Secretary of Interior Standards. The measure indicates both the impact of the Virginia tax credits and the overall contribution of this program to historic preservation and economic development. Results are shaped by economic factors above and beyond the effectiveness of agency educational and technical assistance efforts. Both the number and dollars leveraged through state and federal tax credits remain the best measures of the impact that this program has both on significant historic resources and on economic development. Targets are projected from the estimated costs of projects "in the pipeline" for which property owners and developers have already submitted plans. Enterprise Priorities and Strategies| Enterprise Initiative | Enterprise Priority | Enterprise Strategy |
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| Economy | Business Climate and Economic Development | Promote Virginia’s competitive business climate to maintain the designation as the best state for business. |
Associated Service Areas| SA Code | SA Name |
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| 50205 | Historic Resource Management |
| | Measure ID | 42350205.002.002 |
| Measure Class | Other Agency |
| Statistical Unit | Dollar Value |
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