New Hampshire Community Revitalization Tax Incentive
Any city or town may adopt this program with the majority vote of its legislative body. Once RSA 79-E is adopted locally, a property owner who wants to substantially rehabilitate a building located in a downtown or village center may apply to the local governing body. If approved, the property owner receives a period of relief from increased property taxes, usually 5 years. In exchange, the property owner grants a covenant for a certain period of years ensuring there is continuing public benefit to the rehabilitation. Designated historic buildings outside of downtowns or villages are also eligible for this tax incentive.
100 Oliver Street
Boston, MA 02110