For more information regarding Property Tax Abatement qualification, please visit Real Estate Tax Abatement for Rehabilitated Residential Structures. If you have further questions about this program, please call the office of the Commissioner of the Revenue at 757-926-8752.
What is your building's current assessed value (improvements only)? (Required)
How much do you plan to spend on eligible improvements?
The minimum amount you must spend on improvements will be calculated from your residential assessed value. You may increase this number as needed.
You could save over 10 years using this program.
Assumes a 2% annual increase beginning in year 3.