The Tax Increment Equivalent Rebate (TIER) Program encourages new industrial development and redevelopment by providing a rebate based on the increase in municipal property taxes resulting from an eligible project.
Eligible applicants may receive an annual rebate equivalent to the municipal portion of the incremental property taxes for up to five years, subject to program requirements and available funding.
View the Tax Increment Equivalent Rebate (TIER) Program Overview and Checklist.