City of Durham Planning Department
Property tax deferral for qualified historic properties undergoing substantial rehabilitation. Approved properties receive 50% property tax deferral for 15 years on the increase in assessed value resulting from rehabilitation work.
Estimated annual tax savings based on typical rehabilitation value increase
Deadline: Apply before beginning rehabilitation work
Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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