Forum Connect

Local tax freezes for rehabilitation of vacant homes

  • 1.  Local tax freezes for rehabilitation of vacant homes

    Posted 8 days ago
    I'm assisting a student intern with some research. We would like to hear your examples of local property tax freeze or abatement policies that have worked to bring vacant homes back into use.  Please share. Programs that target vacant or blighted property are relevant regardless of whether the property is in a recognized historic district.  Thanks in advance,
    Nathan Lott
    Policy Research Director & Advocacy Coordinator
    Preservation Resource Center of New Orleans
    923 Tchoupitoulas Street
    New Orleans, LA 70130
    504-636-3049 o  804-370-7972 m
    www.prcno.org

    ------------------------------
    Nathan Lott
    Policy Research Director and Advocacy Coordinator
    Preservation Resource Center
    New Orleans LA
    ------------------------------


  • 2.  RE: Local tax freezes for rehabilitation of vacant homes

    Posted 7 days ago
    Hi Nathan,
    Baltimore, MD has a Rehabilitated Vacant Dwelling Tax Credit which "provides 100% relief from city property tax increases in the first taxable year with the credit declining by 20 percentage points each year thereafter." Baltimore also has a Vacants to Value (V2V) program that provides monetary incentives for individuals or organizations/developers seeking to buy a vacant home and renovate it. One example of the V2V program is Station East, a cluster of formerly vacant houses rehabilitated by the Historic East Baltimore Community Coalition.
    Hope this helps,


    ------------------------------
    Jamesha Gibson
    ------------------------------



  • 3.  RE: Local tax freezes for rehabilitation of vacant homes

    National Trust Advisor
    Posted 7 days ago
    Here are examples from Des Moines Iowa on residential property

    Curt Heidt
    Community Volunteer
    515 229 4948




  • 4.  RE: Local tax freezes for rehabilitation of vacant homes

    Posted 6 days ago
    While it has slightly different parameters than what you laid out, Oregon has had a state Special Assessment program in place since 1975 (though it currently set to sunset unless legislation extending it passes).  This program is from the state rather than local level and doesn't specifically target blight (in fact properties must listed on the National Register within 2 years), so it may not be relevant to you, but while I don't know if it's been used on vacant properties, the incentive is greater the worse shape the building is in because it freezes a property's assessed value for 10 years.

    https://www.oregon.gov/oprd/hcd/shpo/pages/tax_assessment.aspx

    ------------------------------
    Jeremy Ebersole
    M.S. candidate, University of Oregon
    Co-Vice President, Society for Commercial Archeology
    Portland, OR
    ------------------------------