FlintTalk.com Forum Index > Open chat Topic: A question about Flint Renaissance Zones...

Author    Post   Tegan F L I N T O I D I can't seem to find updated info that I trust so I thought I would ask you. The Renaissance Zones in Flint are beginning to phase out, correct? With 25% taxes due in 2009, 50% due in 2010, 75% due in 2011, and 100% due in 2012? Or did someone vote to extend the duration of the Renaissance Zones and I just can't find it? Wed Apr 15, 2009 2:13 pm  Josh Freeman F L I N T O I D I believe that they can be renewed.. but rather than the whole zone getting renewed... the City can do it on a building/site by building/site basis.. My understanding is that it can only be renewed on business property... so areas like University Park are not eligible for renewal.... Unless, I have my tax breaks mixed up... Wed Apr 15, 2009 3:15 pm  Tegan F L I N T O I D Ok good. Thank you :) So in other words, all those people who say "why should I care about michigan historic tax credits? I live in a renaissance zone and don't pay taxes anyway" are suddenly going to exclaim "tax credits you say? what about these tax credits?" Wed Apr 15, 2009 3:20 pm    Display posts from previous:   All Posts1 Day7 Days2 Weeks1 Month3 Months6 Months1 Year Oldest FirstNewest First

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