Downtown Incentive
Summary
Some specifically designated properties in the Downtown and Residential Historic Districts may be eligible for a tax exemption.
Only specifically designated properties in the Downtown and Residential Historic Districts are eligible.
- Designated properties can be residential or commercial
- Contact Inspection Services for questions about eligibility 972-875-6442
- Requires a Form 50-122 and photo of property
- Exemption applies to 25% of the value, up to a maximum of $25,000
- Maximum abatement is: $25,000*.00695 = $173.75
Please download the Form 50-122 and submit to the EDC staff.
Incentive Documents
Form 50-122