Industrial Facilities Act Tax Exemption

Industrial Facilities Act Tax Exemption Certificate (PA 198)
This program is designed to replace the property tax on industrial and high technology developments, expansions, and rehabilitation efforts with an Industrial Facilities Tax (IFT).

Up to 50% of real and personal property taxes can be exempted for new facilities, and up to 100% of real and personal property taxes can be exempted for the renovation of obsolete buildings.  This exemption requires a petition to City Council to create an Industrial Facilities district.