Available
to property owners meeting eligibility requirements
|
Financial |
Department
of Tax Administration
|
703-222-8234
|
- DTA information includes application
and program benefits
- Promotes
improvements that increase an older building’s value by 25
percent or more
- Full abatement of increased
value for 12 years (10 years for multifamily housing)
- Abatement transfers
with property
- No square-footage
limitation
- Multifamily housing
has moderate rental apartment requirement
- Minimum
building age of 25 years (20 years for multifamily housing)
Return
to Current Incentives Quick List
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