In an effort to encourage reinvestment in the established areas of the City, the Shawnee Governing Body has identified a portion of the city where certain types of new construction and improvements to residential, office, and commercial structures may be eligible for a ten year property tax rebate. The incentive is available for property improvements through January 23, 2033.
For residential properties, improvements made to the property must increase the appraised value by at least $10,000,
For commercial and mixed-use properties, improvements made to the property must increase the appraised value by at least $20,000.
Applicants may then qualify for a rebate of 90% of the eligible taxes paid on that increased value for ten years. The remaining 10% of the taxes will be placed in a special fund that the City will use to make improvements to the Neighborhood Revitalization (NRA) boundary area.
An application form to participate in the program should be submitted via email to [email protected].
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Questions?
- Call 913-742-6011 or email planning @cityofshawnee.org.