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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More About the Program

For More Information on the Residential Revitalization Tax Exemption:

Contact our Community Planning and Development team at or 250-482-2214 ext 422.