Basic Incentives Available in a NEZ
Municipal Property Tax Abatement
The following properties and projects may quality for municipal property tax abatements:
- Owner-occupied property
- Investor-owned single family property
- Single family development project
- Multi-family development project
- Commercial, industrial or community facilities development project
- Mixed-use development project
Release of City Liens
The following City liens may be released for qualified properties or projects:
- Weed liens
- Demolition liens
- Board-up/open structure liens
- Paving liens
Fee Waivers
The following fees are waived for qualified properties or projects:
- All building permit related fees (including plans review and inspections)
- Plat application fee (including concept plan, preliminary plat, final plat, short form replat)
- Board of Adjustment application fee
- Demolition fee
- Structural moving fee
- Community Facility Agreement (CFA) application fee
- Zoning application fee
- Water and wastewater impact fee
- Street and utility easement vacation application fee
- Ordinance Inspection fee (tied to approved NEZ projects)
- Consent/Encroachment Agreement Application fee