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Commission debates extending downtown multi-use abatements to 15 years in NRP renewal
Summary
Commissioners discussed proposed changes to the Neighborhood Revitalization Program (NRP), including a possible 15-year abatement for multi-use properties in downtown and historic districts, higher minimum investment thresholds, and distinguishing commercial and residential terms.
Butler County commissioners discussed proposed revisions to the Neighborhood Revitalization Program (NRP) that would give the county flexibility to treat historic downtown multi-use properties as eligible for a longer, 15-year tax abatement in certain circumstances, rather than the current 10-year maximum for commercial properties.
Staff and commissioners said the change aims to incentivize rehabilitation of older downtown…
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