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Cambridge Tax Increment Grant
A tax increment grant supports eligible redevelopment projects that increase property assessment in Cambridge.
About this program
The City of Cambridge Tax Increment Grant supports eligible redevelopment, rehabilitation, and intensification projects by returning a portion of the municipal property tax increase generated by approved improvements. The program is designed to encourage private investment and revitalization in Cambridge's Community Improvement Plan areas.
Eligibility
Eligible applicants are property owners or developers with qualifying projects in Cambridge that increase municipal property assessment under the City's incentive program.
Requirements
- Project must meet Cambridge Community Improvement Plan eligibility requirements.
- Project must involve eligible redevelopment, rehabilitation, or intensification work.
- Project must result in an increase in municipal property assessment.