Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
City staff reviews RSA 79‑E tax incentive; official cites downtown redevelopment gains
Summary
Economic development staff presented a summary of RSA 79‑E community revitalization tax relief activity, saying 23 projects have been approved since 2008 and highlighting examples of downtown property value increases after redevelopment.
Jody Nizaka, Manchester’s economic development director, gave the Board of Mayor and Aldermen a briefing on the city’s use of the RSA 79‑E community revitalization tax relief incentive at the July 21 meeting.
Nizaka summarized the statute’s purpose: to allow local governing bodies to grant temporary tax relief to property owners who restore or replace underused buildings that yield a public benefit. She said covenants recorded at the registry of deeds protect the public benefit and that tax relief is temporary — after the relief period properties are reassessed…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
