Property Tax Exemptions and Savings

The property tax exemptions listed below provide eligible taxpayers with a variety of property tax savings. Click on the desired links to learn more about the individual programs.

A property and sales tax exemption for facilities that control or dispose of air pollution.

A property tax exemption for the rehabilitation of commercial property for use as a commercial business or multi-family residential facility.

A property tax exemption for the development and rehabilitation of residential housing located within eligible distressed communities.

A property tax exemption to manufacturers for renovation and expansion of aging facilities, building of new facilities, and establishment of high tech facilities.

A property tax exemption for commercial and/or commercial housing properties that are rehabilitated.

A personal property tax exemption for specific businesses located within eligible distressed communities.

A property and sales tax exemption for facilities that control, capture or remove water pollution.

A property tax exemption for individuals that own and occupy a property as their principal residence.

A tax incentive for the redevelopment of commercial property located within an established Commercial Redevelopment District for commercial business enterprise purposes.

An exemption for certain non-profit, scattered-site, single-family supportive housing property.

The Brownfield Redevelopment Act, P.A. 381 of 1996, allows local units to create a Brownfield Redevelopment Authority.

The Renaissance Zone Act, P.A. 376 of 1996, allows for the creation of Renaissance Zones in qualified local governmental units.

The Michigan Strategic Fund Board designates Tool and Die Renaissance Recovery Zones pursuant to MCL 125.2688d.