When did Preservation Virginias Revolving Fund Program begin?
Prior to 1999, Preservation Virginia purchased and sold buildings to save them from demolition or neglect but did not have a separately staffed revolving fund program. In 1999, the Commonwealth of Virginia’s Historic Resources Historic Properties Revolving Fund Program was transferred to Preservation Virginia. This state financed trust fund was established in 1989 by the Virginia General Assembly and is valued at approximately $1.5 million in cash, investments and properties.
Related Questions
- When reporting MBE/WBE utilization under the EPA State Revolving Fund Program, is it acceptable to claim MBE and WBE participation generated from sources beyond the EPA capitalization amount(s) of the EPA grant?
- Does the Preservation Virginia Revolving Fund Program offer financial assistance for buying or restoring historic property?
- How does Preservation Virginias Revolving Fund Program acquire properties?
