SINGLE FAMILY RESIDENTIAL (1-4 units)

• The property shall be no less than twenty (20) years old.
• Rehabilitation must increase the initial value of the structure by a minimum of 20%.
• Appropriate permits must have been acquired from the Department of Community Development (Room 110) at the time of application.
• Rehabilitated or replaced structure must meet zoning requirements.

MULTI-FAMILY RESIDENTIAL (five units or more)

• The property shall be no less than twenty (20) years old.
• Rehabilitation must increase the initial value of the structure by a minimum of 40%.
• Appropriate permits must have been acquired from the Department of Community Development (Room 110) at the time of application.
• The replacing structure cannot exceed the square footage by more than (30%).
• Rehabilitated or replaced structure must meet zoning requirements.

COMMERCIAL OR INDUSTRIAL (outside of the Enterprise Zone)

• The property shall be no less than (20) years old.
• Rehabilitation must increase the initial value of the structure by a minimum of 40%.
• Appropriate permits must have been acquired from the Department of Community Development (Room 110) at the time of application.
• The replacing structure cannot exceed the square footage of the replaced structure by more than 110%.

COMMERCIAL OR INDUSTRIAL (in the Enterprise Zone)

• The property shall be no less than (20) years old.
• Rehabilitation must increase the initial value of the structure by a minimum of 40%.
• Appropriate permits must have been acquired from the Department of Community Development (Room 110) at the time of application for Tax Rehabilitation.
• Rehabilitated or replaced structure must meet zoning requirements.
• The replacing structure cannot exceed the square footage of the replaced structure by more than 110%.