What is the difference between Urban Revitalization Plan and Tax Abatement?
There really isn't any major difference. The Urban Revitalization Plan is the actual plan that provides for the ability to allow for the abatement of taxes for a period of time. Thus Urban Revitalization is the formal language and plan; however, many people refer to the plan and the process as simply tax abatement.

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1. What is the difference between Urban Revitalization Plan and Tax Abatement?
2. Who determines the amount of value that was added as part of my improvements?
3. Will the City’s Tax Abatement Program lower my assessed value if I don’t make any improvements?
4. How will I know if I am approved for the Tax Abatement Program?
5. Why are properties located within an Urban Renewal Area not eligible for the City’s Tax Abatement Program?
6. Who do I contact to find out if I was approved for the program or not?
7. I forgot to file my paperwork by February 1st of the first assessment year is there anything I can do to still get the abatement?