P. A. 210 Commercial Rehabilitation Act

Commercial property that is 15 years or older and being renovated may be eligible for a property tax abatement. Public Act 210 of 2005 was amended in 2006 to allow any city, village or township unit of government to grant property tax abatement on qualifying commercial real property projects. Commercial property means land improvements classified by law for general ad valorem tax purposes as real property. The primary purpose and use is the operation of a commercial business enterprise or multi-family residential use. Multi-family residential housing is defined as housing consisting of five or more units. Commercial property does not include land. Personal property is not eligible for abatement under this act.