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MI
Kalamazoo Neighborhood Enterprise Zone Tax Exemption
Kalamazoo may approve Neighborhood Enterprise Zone tax exemptions for qualifying residential development and rehabilitation projects.
About this program
The City of Kalamazoo uses Neighborhood Enterprise Zones to encourage new residential development and rehabilitation in eligible areas. Approved developers or property owners can receive a property tax exemption certificate for qualifying new or rehabilitated residential facilities after local approval and State Tax Commission review.
Eligibility
Developers and property owners with qualifying residential new construction or rehabilitation projects in an approved Kalamazoo Neighborhood Enterprise Zone may apply.
Requirements
- Project must be located in an approved Neighborhood Enterprise Zone in the City of Kalamazoo.
- Project must involve eligible new or rehabilitated residential housing.
- Applicant must apply through the local unit of government and receive local approval.