Saint-Jerome Industrial and Commercial Property Tax Credit
Saint-Jerome offers property tax credits for eligible industrial and commercial construction, expansion, renovation, or transformation projects.
About this program
The City of Saint-Jerome provides a property tax credit program for industrial and manufacturing businesses, as well as eligible commercial and industrial buildings, to support revitalization, construction, expansion, transformation, and renovation. Eligible work must increase the building's assessed value by at least 20%, be authorized by a construction permit issued after June 18, 2024, and be completed by properly licensed contractors. Depending on the project category, the credit can cover a portion of the increased property taxes for one to ten years.
Eligibility
Owners of eligible commercial and industrial properties located within Saint-Jerome's designated program perimeters may apply for tax credits on qualifying construction, expansion, renovation, or transformation work.
Requirements
- Property must be located in an eligible Saint-Jerome program perimeter.
- Work must increase the building value on the property assessment roll by at least 20%.
- Work must be covered by a construction permit issued after June 18, 2024.