Tax Abatement

Residential remodeling projects

If you already own a home in a NEZ  You can get municipal property tax abatements for five years on improvements above the current value (excluding land) and fees are waived as noted in paragraph "Fee Waivers".

  • You own the property and live in it as your primary residence and:
  • You spend at least 30 percent of the Tarrant Appraisal District (TAD) value of your home (excluding land) to fix it: and
  • You don't owe back taxes on any property you own in the City of Fort Worth
  • There are no City liens filed against any properties you own in Fort Worth; and
  • You must apply for tax abatement before improvements are made to your home.

Multifamily Development Project

Five-year municipal property tax abatement and fees are waived as noted in paragraph "Fee Waivers"

  • 20 percent of units shall be affordable (as defined by the U.S. Department of Housing and Urban Development)
  • New construction: minimum capital investment $200,000 or provide at least five residential living units
  • Rehabilitation: Total rehabilitation costs must be at least 30 percent of the building value as appraised by the Tarrant Appraisal District (TAD); rehabilitation costs must come from the rehabilitation of at least five residential living units or a minimum capital investment of $200,000

Commercial, Industrial or Community Facilities Development Project

Five-year municipal property tax abatement and fees are waived as noted in paragraph "Fee Waivers"

  • New construction: minimum capital investment of $75,000
  • Rehabilitation minimum capital investment of 30 percent of the building value as appraised by TAD or $75,000, whichever is greater
  • Impact fee waivers (up to $55,000; City Council approval required for requests exceeding $55,000)
  • Release of City liens… see "Release of City liens"

Mixed-use Development Project

Five-year municipal property tax abatement and fees are waived as noted in paragraph "Fee Waivers"

  • At least 20 percent residential use and 10 percent retail, service, eating, entertainment or office use in total gross floor area
  • New construction, minimum capital investment of $200,000
  • Rehabilitation: minimum capital investment of 30 percent of the building value as appraised by TAD or $200,000, whichever is greater
  • Impact fee waivers (up to $55,000; City Council approval required for requests exceeding $55,000)
  • Release of City liens… see "Release of liens"