Tax Abatement Program 

The city of Richmond allows partial tax exemption from real estate taxes for qualifying structures through two separate initiatives:

1. Rehabilitated or Replacement Structures
2. New Construction within Redevelopment and Conservation Areas and Rehabilitation Districts

For those properties that qualify, the increase in market value caused by rehabilitation/replacement will be credited from taxable assessment for up to ten years. 

For more information, or to apply for the Tax Abatement Program, contact:

Leigh Kelley, Senior Project Development Manager

(804) 646-6428

Leigh.kelley@richmondgov.com