Tax Exemptions


Business Investment Incentive Program

The Business Investment Incentive Program provides an incentive, in the form of partial relief from the municipal portion of your property tax, to encourage investment in the development or redevelopment of commercial projects.

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Residential Revitalization Tax Exemption

The Residential Revitalization Tax Exemption (RTE) Program is a tool that provides an incentive in the form of partial relief from the municipal portion of your property tax to encourage rental housing development. The Residential RTE, provides tax exemptions for the increase in assessed property value resulting from the construction of rental residential dwelling units. 

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