Neighborhood Revitalization Rebates

Downtown Plan Number 1

  • Years 1-5: 100%
  • Year 6: 80%
  • Year 7: 60%
  • Year 8: 40%
  • Year 9: 20%
  • Year 10: 10%

Plan Number 2 Area Number 1 & Number 4

Residential

  • Years 1-5: 100%
  • Years 6-10: 50%

Commercial

  • Years 1-5: 50%
  • Years 6-10: 25%

Plan Number 2 Area Number 2 & Number 3

Residential and Commercial

  • Years 1-5: 50%
  • Years 6-10: 25%

Any property listed on the National or State Historic Register is eligible for a 100% rebate in any area for years 1-10.