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IN
Bloomington Tax Abatement
Local property tax abatement for eligible real property construction or rehabilitation.
About this program
Bloomington lists tax abatement as a business incentive under Indiana law, allowing abatement for one to ten years on increased assessed value from qualifying real property construction or rehabilitation.
Eligibility
Eligible businesses and property owners undertaking qualifying construction or rehabilitation projects in Bloomington.
Requirements
- Contact Economic and Sustainable Development before project commitments
- Submit project, investment, property, job, and public benefit information
- Receive required local approvals and comply with abatement reporting