The Tax Abatement Program is a financing tool for promoting economic development to new and expanding businesses and industries which make improvements to real property or acquire new manufacturing equipment.  The program also provides tax abatement for the construction of new residences.  Tax abatement provides tax relief to the owner, at a phased deduction, on the increase in taxes generated by the new investment.

Eligibility

Tax abatement petitions to the Common Council shall only be considered from owners of real property or new manufacturing equipment located within the City of South Bend who propose economic revitalization development.

Eligibility depends on the type of project proposed as well as its location and size.  In addition, eligibility is based on the following:

• Whether the estimate of the value of the redevelopment or rehabilitation is reasonable for developments of that nature.
• Whether the estimate of the number of individuals who will be employed or whose employment will be retained can be reasonably expected to result from the proposed redevelopment or rehabilitation.
• Whether the estimate of the annual salaries of those individuals who will be employed or whose employment will be retained can be reasonably expected to result from the proposed redevelopment or rehabilitation
• Whether any other benefits identified in City Ordinance No. 9394-03, about which information was requested, are benefits that can be reasonably expected to result from the proposed redevelopment or rehabilitation
• Whether the totality of benefits is sufficient to justify the tax abatement.

For commercial real property tax abatement consideration, the Petitioner may qualify for three to ten years of abatement. Personal property tax abatements may be granted for five years.  Single family residential abatements are for five years.

PLEASE NOTE - IF YOU APPLY FOR A BUILDING PERMIT FOR THE PROPOSED PROJECT OR INSTALL THE NEW MANUFACTURING EQUIPMENT PRIOR TO APPROVAL OF THE TAX ABATEMENT PETITION, YOU WILL NOT BE ELIGIBLE FOR TAX ABATEMENT.
 
View maps of tax abatement areas*  8 maps, 11" x 17" size

View address ranges for above tax abatement areas

Contact for tax information:

Robert Mathia 574.235.5835

*Acrobat Reader required

Economic Development
227 West Jefferson Blvd. • Suite 1200 S
South Bend, Indiana 46601
574.235.9371