Emory & Henry College transforms former hospital with use of tax credits
Project Facts
Total project cost:
Not Specified
Sources of Funds:
$2 Million in NMTC Equity; $2.3 Million in Historic Tax Credit Equity, Private fundraising; local government grants;Historic Tax Credits as well as Federal New Markets Tax Credits
Date Completed:
Not specified
Size:
Not specified
Use:
School of Health Sciences
Developer(s):
Emory & Henry
Owner:
Sands Theater Center, Inc.
Year Built:
1921
Location:
245 Medical Park Dr, Marion, VA 24354, USA
BW&A client Emory & Henry College was recently featured in the Roanoke Times for completing the renovation of the former Smyth County Hospital into the School of Health Sciences. BW&A worked with E&H to access funding from both State and Federal Historic Tax Credits as well as Federal New Markets Tax Credits. If you are working with a project that you think could benefit from these programs, don’t hesitate to contact BW&A today.