City of Houston - Property Tax Abatement for Green Commercial Buildings (Texas)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Texas

Name City of Houston - Property Tax Abatement for Green Commercial Buildings
Incentive Type Property Tax Incentive
Applicable Sector Commercial
Eligible Technologies Comprehensive Measures/Whole Building, Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Biomass, Geothermal Heat Pumps, Daylighting, Small Hydroelectric
Active Incentive Yes

Implementing Sector Local
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
Amount LEED Basic “Certified” Level: 1.0%

LEED Silver Level: 2.5%
LEED Gold Level: 5.0%
LEED Platinum Level: 10%







Equipment Requirements Must be LEED certified

Must be new construction


Expiration Date 2016-03-26

















Program Administrator Economic Development Division of the City Finance Department

Date added to DSIRE 2011-03-30
Last DSIRE Review 2014-10-15



References DSIRE[1]


Summary

In September 2009, the City of Houston Tax Abatement Program was enacted (Ordinance No. 2009-858), establishing a partial tax abatement for U.S. Green Building Council Leadership in Energy and Environmental Design (LEED)-certified commercial buildings. Since its inception, the tax abatement has been renewed twice, most recently in 2014 (Ordinance No. 2014-245).


Abatement Amount


The Ordinance specifies the abatement as follows:


“If the owner of a new or refurbished commercial facility has registered with the U.S. Green Building Council seeking LEED Certification, then the Economic Development Division…may recommend approval by the City Council of a partial tax abatement for the incremental investment associated with obtaining such certification. The agreement shall be effective up to 10 years, at a percentage based upon the level of certification actually obtained after completion of construction or refurbishment:


  • Basic “Certified” Level: 1.0%
  • Silver Level: 2.5%
  • Gold Level: 5.0%
  • Platinum Level: 10%”

Minimum Investment Requirement


The LEED building tax abatement can be a stand-alone abatement or part of a standard economic development tax abatement. If used as a stand-alone tax abatement, the minimum investment requirement to be eligible for the partial tax abatement is:


  • $1 million for an investment in a commercial structure that achieves Platinum LEED Certification,
  • $2 million for an investment in a commercial structure that achieves Gold LEED Certification,
  • $4 million for an investment in a commercial structure that achieves Silver LEED Certification, and
  • $10 million for an investment in a commercial structure that achieves basic LEED Certification.


Incentive Contact

Contact Name Gwendolyn Tillotson
Department City of Houston
Division Finance Department: Economic Development Division
Address 901 Bagby St., 4th Floor

Place Houston, Texas
Zip/Postal Code 77002
Phone (832) 393-0937


Email gwendolyn.tillotson@houstontx.gov
Website http://www.houstontx.gov/ecodev/index.html
     
     

Authorities (Please contact the if there are any file problems.)

Authority 1: Article IV § 44-131

Date Enacted 2009-09-16


Authority 2: Houston1.pdf Ordinance No. 14-245
Date Effective 2014-03-26
Date Enacted 2014-03-26
Expiration Date 2016-03-26

















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency"