Durham Floats Tax Relief Program for Residents of Gentrifying Neighborhoods

Durham Floats Tax Relief Program for Residents of Gentrifying Neighborhoods

Durham city officials are working on a loan program to help residents whose property taxes have gone up because of city-initiated revitalization, but it’s unclear still whether residents or the city would bear the costs of administering that program.

The idea sprang from a November city council work session in which longtime residents of the Southside neighborhood complained of an increase in their property taxes as a result of the city’s work to redevelop that area. Residents there saw their tax bills go up $314 on average in 2016.

At a work session yesterday, Mayor Bill Bell pitched a deferred loan program in which residents would get a loan for the difference in their property tax obligation from the previous year.…

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