The City of Cincinnati provides incentives for developments that meet Leadership in Energy and Environmental Design Standards

LEED-CRA Tax Exemption Program (Housing Program)

The City of Cincinnati's Department of Community Development LEED Tax Abatement Program stimulates revitalization, promotes environmental awareness and low-environmental impact development, retains residents, and attracts new homeowners to the City of Cincinnati. This Program offers property tax incentives to encourage new construction and rehabilitation of residential properties to Leadership in Energy and Environmental Design ("LEED") Certified, Silver, Gold or Platinum standards.

Property tax abatement is available for buildings that meet LEED standards by promoting environmental friendliness through building construction. The program provides a benefit for residents who adopt environmentally friendly practices through 'green building' and encourages home shoppers to consider and value LEED building standards when buying within the City of Cincinnati. Homeowners and developers pay less tax and green design reduces energy costs.

Any homeowner in the City may be eligible for property tax abatement if they have renovated their home or purchased a newly constructed home that was constructed to LEED standards.

One, two, and three-unit residential structures, including condominiums are eligible for a 15 year (if newly constructed) and 10 year (if renovated) 100% tax abatement for residential buildings valued up to $500,000 that are constructed to LEED standards within the City of Cincinnati. Homeowners will pay tax on the land. The market value limit will increase by 3% compounded each year and there is no maximum market value limit for improved property meeting the U.S. Green Building Council's "Platinum" level standards.

For more information about this program contact 352-5352.