Residential Exemptions

“City Wide” Assessment Deferral Program
A five-year exemption is available for qualifying rehabilitated properties and qualifying new construction.   The increase in assessment attributable to the rehabilitation or construction must be at least 35%.  The exemption schedule is as follows:

First Year	No increase in assessment
Second Year	Increase Deferred at 80%
Third Year	Increase Deferred at 60%
Fourth Year	Increase Deferred at 40%
Fifth Year	Increase Deferred at 20%

The Increase in Assessment is fully phased in at the end of the fifth year. 
Interested owners should contact program manager at (203) 946-7810 or download the following information packet for more details → Tax Assessment Deferral Program Information and Application.

“Enterprise Zone” Assessment Deferral Program
A seven-year exemption is available for qualifying rehabilitated properties and qualifying new construction located in New Haven’s Designated Enterprise zone.  The exemption schedule is as follows:

First Year	No increase in assessment
Second Year	No increase in assessment
Third Year	Increase Deferred at 50%
Fourth Year	Increase Deferred at 40%
Fifth Year	Increase Deferred at 30%
Sixth Year	Increase Deferred at 20%
Seventh Year	Increase Deferred at 10%

The Increase in Assessment is fully phased in at the end of the seventh year. 
Interested owners should contact program manager at (203) 946-7810 or download the following information packet for more details →  Tax Assessment Deferral Program Information and Application.