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  • Historic Site Tax Exemptions Exemption descriptions as of March 21, 2019

    Eligibility Investment Benefit

    Qualified Expenses (QE) are between 25% and 99%

    of the structures’s value

    • Landmarks

    • Protected Landmarks

    • Contributing Structures located inside a City

    of Houston Historic District

    Exemption equals QE:

    For example:

    Starting Land Value = $200,000

    Starting Structure Value = $100,000

    Investment = $30,000

    Exemption (annually/15 yrs) = $30,000

    Assuming no other exemptions, the property

    owner pays taxes on land value, structure value

    (less the QEs) times the tax rate for 15 years.

    Qualified Expenses (QE) equal or greater than 100%

    of the structures’s value

    • Landmarks

    • Protected Landmarks

    • Contributing Structures located inside a City of

    Houston Historic District

    EXCEPT: For single family structures that meet the

    above criteria, they must also be located within

    Qualifying Census Tracts, defined as Census Tracts

    in which the poverty rate is at least 20% or the

    median family income for such tract does not

    exceed 80% of the metropolitan area median

    family income. (see map on back)

    Exemption equals the HCAD value on January 1 of

    the next year:

    For example:

    Starting Land Value = $200,000

    Starting Structure Value = $100,000

    Investment = $200,000

    Year 1 Improvement Value = $225,000

    Exemption (annually/15 yrs) = $225,000

    Assuming no other exemptions, the property

    owner pays taxes on land value, structure value

    (less the HCAD value on January 1 of the first year

    after the improvements are complete) times the

    tax rate for 15 years.

    For the purpose of this ordinance, Qualified Expenses (QE) are:

    1. Restoration performed pursuant to a certificate of appropriateness (COA) granted under the Historic

    Preservation Ordinance;

    2. Repair or reconstruction of the historic portion of the structural components, which includes parts of a

    building such as walls, partitions, floors, ceilings; windows and doors; all components of a central air

    conditioning or heating system, whether within or adjacent to a building, including motors, compressors,

    pipes and ducts; plumbing and plumbing fixtures, such as sinks and bathtubs; electric wiring and lighting

    fixtures; chimneys; stairs, escalators, and elevators; interior sprinkler systems; fire escapes; and other

    components relating to the operation or maintenance of a building;

    3. Interior remodeling of the historic portion of the structure's paint, flooring, permanent coverings such as

    paneling or tiling;

    4. Professional services such as architectural, engineering, and other development fees; and

    5. Construction management and labor, materials, and reasonable overhead.

  • Historic Site Tax Exemption

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