Amount and years of rebate eligibility
Areas 1&4
Residential (New, Rehabilitation, Alteration or Addition)
Yrs 1-5 100%
6-10 50%
Commercial/Retail (New, Rehabilitation, Alteration or Addition)
Yrs 1-5 50%
6-10 25%
Properties Listed on the National or State Historic Register
Yrs 1-10 100%
Areas 2&3
Residential/Commercial/Retail (New, Rehabilitation, Alteration or Addition)
Yrs 1-5 50%
6-10 25%
Properties Listed on the National or State Historic Register
Yrs 1-10 100%
Downtown Area
New Structure, Rehabilitation, Alteration, or Addition
Yrs 1-5 100%
6 80%
7 60%
8 40%
9 20%
10 10%
The application submittal period for the tax rebate program will expire on December 31, 2030. Any property improvement applications submitted prior to said date will, if approved, remain eligible to receive the applicable tax rebate for the number of years specified.