Rehabilitation / Renovation Program

This program grants real estate tax exemptions for eligible and qualified properties under rehabilitation/renovation. The tax exemption is equal to the difference between the increase in assessed value resulting from the substantial rehabilitation/renovation of a structure and the beginning assessed value as determined by the City Assessor. This program does not freeze taxes; however, the exemption is subtracted from the fair market value assessment before taxes are calculated.

General Information

  • Applications are available in the City Assessor's office and online, but must be filed in the City Assessor's office prior to starting the project/renovation
  • Billings and Collections processes all application fees
  • Improvements must be completed within two years from the date of filing
  • An exemption is effective the following fiscal year and runs with the land
  • All taxes must be paid and remain current
  • Must have a current building permit from Community Development if applicable
  • Must meet all zoning requirements
  • Tax exemption is reduced by 25% each year on July 1 during the last three years of each program, with the final year being 25% of the initial exemption

Rehabilitated / Renovated Structure Eligibility Requirements

Additions to residential, multifamily, commercial, or industrial are allowed, but only 15% of the original structure above-grade living area/net leasable area can be added to the exemption.

Residential

  • $125 non-refundable application fee
  • 10-year program
  • Must be 50 years of age or older
  • Must increase the improvement value by 40% or more

Multifamily (5 Units or More)

  • $250 non-refundable application fee
  • 8-year program
  • Must be 25 years of age or older
  • Must increase the improvement value by 60% or more

Commercial or Industrial

  • $250 non-refundable application fee
  • 10-year program
  • Must be 25 years of age or older
  • Must increase the improvement value by 60% or more

Damaged / Destroyed Structure Eligibility Requirements

  • Damaged Destroyed Rehabilitation Form (PDF)
  • Non-refundable application fee
  • Tax exemption is 50% of the assessed improved value
  • Final improved value must be at least 100% of the assessed fair market value of the structure that was damaged or destroyed
  • Structure cannot be demolished or razed by the new property owner as a result of the property owner's neglect

Revitalization Zone Structure Eligibility Requirements

Residential

  • $125 non-refundable application fee
  • 10-year program
  • City Assessor must approve of demolition
  • Functionally obsolete buildings may be replaced

Multifamily (5 Units or More)

  • $250 non-refundable application fee
  • 8-year program
  • City Assessor must approve of demolition
  • Functionally obsolete buildings may be replaced

Commercial or Industrial

  • $250 non-refundable application fee
  • 10-year program
  • City Assessor must approve of demolition
  • Functionally obsolete buildings may be replaced

January 9, 2018, City Council Approved in-Fill Policy

New construction on vacant parcels in select inner city areas now qualifies for a partial real estate tax exemption similar to the Damaged/Destroyed Rehabilitation Program.

  • Vacant parcels located in select districts identified on Map of Arts & Cultural, Rehabilitation, Redevelopment and Conservation Districts
  • Select areas of the City can apply for a 50% exemption based on the cost of new construction
  • Exemption periods are as follows:
    • Ten years for residential, commercial, and industrial
    • Eight years for multi-family
    • Three-year phase-out at 25% per year
Revitalization Zone in Green
In Fill Map Zoning