Property Tax Abatement – Reduces real property taxes on new commercial construction or rehabilitation of existing structures in designated Community Reinvestment Areas.
Tax Increment Financing (TIF) – Redirects a portion of new real estate taxes from commercial property improvements to finance public infrastructure.
Job Growth Incentive – Companies adding high-wage jobs may be eligible to receive an annual payment or refundable tax credit equal to a portion of the new employees’ City of Hilliard income tax withholdings. This program is customizable based on a company’s needs.