Tax Credits

Livable

Livable Homes Tax Credit (LHTC)

The Virginia Livable Home Tax Credit (LHTC) program is designed to improve accessibility and universal visitability in Virginia’s residential units by providing state tax credits for the purchase of new units or the retrofitting of existing housing units. Tax credits are available for up to $5,000 for the purchase/construction of a new accessible residence and up to 50 percent for the cost of… Learn More

Communities

Communities of Opportunity Tax Credit (COPTC)

The Communities of Opportunity Program (COP) is a Virginia income tax credit program enacted by the 2010 General Assembly [§§58.1-439.12:04 of the Code of Virginia]. It is intended to decentralize poverty by enhancing low-income Virginians’ access to affordable housing units in higher income areas. To do this, COP provides Virginia income tax credits to landlords with property in… Learn More