Who applies?

The property owner.  Even if, as a lessee, you are doing the improvements and your lease agreement has you paying the taxes, the property owner must apply.  The tax rebate will be included as part of the property’s tax record for the term of the rebate regardless of who owns or occupies the property.

Show All Answers

1. What is the Neighborhood Revitalization Plan?
2. What is a “tax rebate”?
3. What is a “qualified improvement”?
4. How is “structure” defined?
5. What kind of “improvements” will increase the assessed value?
6. How long does the tax rebate run under the Neighborhood Revitalization Plan?
7. Can property taxes be eliminated using the tax rebate?
8. How do the terms Assessed Valuation and Appraised Value differ?
9. How can I determine if I am eligible for a tax rebate?
10. If qualified improvements have been made, how does one obtain a tax rebate?
11. Who applies?
12. How often do I need to apply?
13. Will the schedule of tax rebates as determined by the increase in assessed value in the first year ever change?
14. Is the rebate transferable?