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Historic Preservation Commission proposes tax abatements, grants and demolition penalties to encourage landmarking
Summary
Staff presented a suite of financial and regulatory incentives — including city‑portion property tax abatements, rehabilitation grants, permit fee waivers and possible increases to demolition penalties — and council asked staff and legal counsel to return with draft ordinance options and fiscal analysis.
City staff presented a portfolio of incentives intended to encourage voluntary landmark designation and discourage demolition of historically significant properties.
Director Fontaine (speaker 9) described three financial tools: a property tax abatement limited to the city portion of the bill, targeted rehabilitation grants for exterior work, and permit fee waivers. Staff said eligibility would generally require a property to be a “regulated structure” (a voluntary local landmark or one that becomes regulated through demolition review) and noted there are currently 133 regulated…
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