OK, I know that some new housing downtown has a twelve-year Lucas County property tax abatement which means that you end up only paying a nominal amount of property taxes each year. My friend only pays around $300 a year instead of the $1600-2000 he could be paying, so one could end up saving a decent amount of money. I know the Bartley Lofts http://www.bartleylofts.com/ has this, anyone know any other downtown development with this tax abatement?
Downtown tax abatements: Which places?
By chrismyers - Posted on April 28th, 2007