![]() A letter from the Hamilton County Auditor’s Office will be received after the Auditor’s appraisal has been completed. Once the City has qualified the property for the program, your application will be forwarded to the Hamilton County Auditor’s Office for certification and valuation. Please allow four weeks for the City of Cincinnati to respond to your application. Properties will current abatements will have their tax abatement revoked if violations are placed against the property and the violations are not promptly resolved. If building code violations are observed, the application will be denied. New tax abatement applications may be subject to an exterior inspection prior to final approval by the Department of Community Development. ![]() ![]() The Hamilton County Auditor’s Office determines the abatement amount based on the type of improvements.įor residential developments that are four units or greater, mixed-use buildings, commercial, and industrial structures, see Commercial Tax Exemption.Īn increase or decrease in taxes during the abatement period may result when voted changes in tax rates, state-mandated reappraisals or updates reflecting neighborhood trends are adopted.Īn annual exterior inspection is required for all new and existing tax abatements to ensure that the property is being properly maintained. A minimum of $2500 for one- and two-unit structures and $5000 for three-unit structures must have been spent on eligible activities. ApprovalĪll condominiums and one-, two-, or three-unit structures within the City of Cincinnati-new construction or rehab-may apply for the tax abatement program. ![]() Green Building Council website: Tax abatement benefits stay with the property the entire length of the abatement and transfer to any new property owner within the approved time period. Additional information regarding obtaining LEED certification may be found on the U.S. LEED standards are-in increasing order-Certified, Silver, Gold, and Platinum. Longer abatement terms and/or higher maximum abatements may be available for properties that meet Leadership in Energy and Environmental Design (LEED) standards. ![]()
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