What types of development qualify for tax abatement?

Qualifying types include:

  • New construction of buildings
  • Improvements that cost more than $20,000 (Residential) and $75,000 (Commercial/Industrial) and would result in an increase in assessed value for real estate tax purposes

Show All Answers

1. What is tax abatement?
2. What types of development qualify for tax abatement?
3. What kinds of improvements do not increases taxes?
4. What types of improvements do increase the assessed value of property?