Property Tax Exemptions What's New
Industrial Facilities Exemption (IFE)
Industrial Facilities Exemption A property tax exemption to manufacturers for renovation and expansion of aging facilities, building of new facilities, and establishment of high tech facilities.
Water Pollution Control Exemption (PC)
Water Pollution Control Exemption A property and sales tax exemption for facilities that control, capture or remove water pollution.
Neighborhood Enterprise Zone (NEZ) Act
Neighborhood Enterprise (NEZ) Zone Act A property tax exemption for the development and rehabilitation of residential housing located within eligible distressed communities
Air Pollution Control Exemption (PC)
Air Pollution Control Exemption A property and sales tax exemption for facilities that control or dispose of air pollution.
Commercial Rehabilitation Act (CRE)
Commercial Rehabilitation Act A property tax exemption for the rehabilitation of commercial property for use as a commercial business or multi-family residential facility.
New Personal Property Exemption (NPP)
New Personal Property Exemption A personal property tax exemption for specific businesses located within eligible distressed communities.
Commercial Facilities Exemption (CFE)
Commercial Facilities Exemption A tax incentive for the redevelopment of commercial property located within an established Commercial Redevelopment District for commercial business enterprise purposes.
Supportive Housing Exemption
Supportive Housing Exemption An exemption for certain non-profit, scattered-site, single-family supportive housing property.
Brownfield Redevelopment Authority (BRA)
Brownfield Redevelopment Authority The Brownfield Redevelopment Act, P.A. 381 of 1996, allows local units to create a Brownfield Redevelopment Authority.
Renaissance Zones The Renaissance Zone Act, P.A. 376 of 1996, allows for the creation of Renaissance Zones in qualified local governmental units.
Tool and Die Recovery Zones
Tool and Die Recovery Zones The Michigan Strategic Fund Board designates Tool and Die Renaissance Recovery Zones pursuant to MCL 125.2688d.