Single Family Rehab Incentive

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Program Objectives
The City of Carrollton’s single-family rehabilitation incentive program is part of the Neighborhood IMPACT initiative. The program objective is to promote the rehabilitation and renovation of owner-occupied single-family houses in Neighborhood Empowerment Zones.


Eligibility
A homeowner may be eligible for assistance under this program if they meet all of the following criteria:

  • The applicant is a United States citizen or legal resident
  • The home is a single-family detached dwelling located within the city of Carrollton
  • The home is located within a Neighborhood Empowerment Zone.  A map of the Neigborhood Empowerment Zones is available here.
  • The applicant owns and occupies the home as his or her principal residence on a year-round basis
  • All payments for City-provided utilities and all property taxes are current for the property
  • The applicant must complete an application and follow the application process
  • An incentive agreement must be approved by the Carrollton City Council prior to the start of any renovation work
  • An applicant is limited to one incentive agreement per calendar year, although multiple project elements may be included in a single incentive agreement

Program Criteria
Participation in the program is subject to the following criteria:

  • The house must be at least five years old at the time of approval of the incentive agreement
  • Incentives are limited to exterior improvements, as follows:
    o Site Elements (minimum $2,000 of private investment) 
      Landscaping additions or improvements, including the addition or replacement of trees in front yard areas 
      Lead walk or driveway renovation or repair
    o Building Elements (minimum of $5,000 of private investment) 
      Façade improvements on the house elevation facing the street upon which the house is addressed 
      Window replacements that result in improved energy efficiency 
      Replacement or additions to front porches or patios 
      Repair or replacement of the roof 
      Repair, replacement or repainting of the eaves or trim
    o Screening Elements (minimum $2,000 of private investment) 
      Repair or replacement of fences 
      Repair or replacement of retaining walls located upon a public street frontage

Incentive
A qualified applicant will be eligible for the following incentives from the City of Carrollton:

  • If the value of the property is in excess of $100,000 (including land and improvements), as determined by the last certified tax roll, the incentive will be an abatement of 50% of municipal ad valorem property taxes
  • If the value of the property is less than $100,000 (including land and improvements), as determined by the last certified tax roll, the incentive will be an abatement of 75% of municipal ad valorem property taxes
  • All construction permit fees required by the City of Carrollton directly related to the eligible renovation or rehabilitation projects will be waived

Incentive Terms
The incentive available to the applicant will be based upon the following schedule of private investment upon the eligible property:

  • Cumulative eligible investment of $2,000 to $4,999 will result in a lump sum payment equal in value to an abatement of 50% or 75% of one year of municipal ad valorem taxes
  • Cumulative eligible investment of $5,000 to $7,499 will result in a lump sum payment equal in value to an abatement of 50% or 75% of two years of municipal ad valorem taxes
  • Cumulative eligible investment of $7,500 to $9,999 will result in a lump sum payment equal in value to an abatement of 50% or 75% of three years of municipal ad valorem taxes
  • Cumulative eligible investment in excess of $10,000 will result in a lump sum payment equal in value to an abatement of 50% or 75% of four years of municipal ad valorem taxes
  • Payment will be made to the applicant on an invoice-verified basis upon completion of the project, subject to inspection and approval of the work by the City of Carrollton

Incentive Example
Example 1: Cumulative eligible investment of $9,000 on a house valued at $95,000 (land and Improvements)

$95,000 – 20% = $76,000 taxable homestead value
$76,000 x $0.612875/$100 valuation = $466 municipal ad valorem tax
$466 x 75% = $350 abatement
$350 x 3 = $1,050 total incentive + fee waivers

Example 2: Cumulative eligible investment of $11,000 on a house valued at $105,000 (land and Improvements)

$105,000 – 20% = $84,000 taxable homestead value
$84,000 x $0.612875/$100 valuation = $515 municipal ad valorem tax
$515 x 50% = $258 abatement
$258 x 4 = $1,032 total incentive + fee waivers



Application Process
To apply please contact the Neighborhood Partnership Office at communitydevelopment@cityofcarrollton.com or (972) 466-4299. A copy of the application is a available here.