Opportunities Made Possible
Your opportunity to do business in the City of Galax is made possible through national, state, and local incentives. These incentives for new development and redeveloping existing buildings include:
- The entire city of Galax is an Opportunity Zone.
- The entire city is in a New Markets Tax Credit qualified Census Tract.
- Two Virginia Enterprise Zones in key commercial and industrial corridors.
- Historic Tax Credits available in the Galax Downtown Historic District and other register-worthy historic buildings.
- Local Real Estate Historic Tax Credit for substantial improvements.
- City of Galax and Galax IDA Capital Investment Program.