Langley City Downtown Revitalization Tax Exemption
Langley City's Downtown Revitalization Tax Exemption supports eligible property improvements in the Downtown Langley Business Improvement Area.
About this program
Langley City's Revitalization Tax Exemption is intended to encourage eligible property investment and improvements in the Downtown Langley Business Improvement Area. The exemption applies to the value of eligible new improvements, helping reduce municipal property taxes for qualifying revitalization projects. The program is designed to encourage private reinvestment in downtown Langley and support commercial district revitalization.
Eligibility
Property owners and developers with eligible improvement projects in the Downtown Langley Business Improvement Area may apply for revitalization tax exemption consideration.
Requirements
- Property must be located in the Downtown Langley Business Improvement Area.
- Project must involve eligible improvements under the City of Langley revitalization tax exemption program.
- Applicant must apply to the City of Langley and provide required property, project, permit, and value information.