Biloxi Ad Valorem Tax Exemption Program
Biloxi accepts applications for local ad valorem tax exemptions for qualifying new construction, renovation, restoration, or redevelopment projects.
About this program
The City of Biloxi Ad Valorem Tax Exemption Program is a local tax incentive for qualifying property owners making eligible private investments in construction, restoration, replacement, or improvement projects. The application requires the owner to document the project, proposed use, cost, equity investment, projected local economic impact, and business plan. Approved exemptions can reduce a portion of city ad valorem taxes for a defined term and percentage subject to city review and approval.
Eligibility
Property owners or qualifying ground lease tenants with eligible construction, renovation, restoration, or improvement projects in Biloxi may apply for local ad valorem tax exemption consideration.
Requirements
- Applicant must be the fee-simple owner of the property or a tenant of a ground lease with required landlord participation.
- Applicant must file the original application and two copies with the City of Biloxi Municipal Clerk.
- Application must describe the project, proposed use, restoration, replacement, or new construction work.