Residential Property Revitalization Zone Application

*Applications must be approved and a covenant signed and filed before construction or rehabilitation begins.

Residential Property Revitalization Tax Relief Application

Applicant Information

The purpose of the Residential Property Revitalization Zone (RPRZ) is to revitalize existing housing stock by providing tax relief for renovation projects that significantly improve qualifying residential structures. Complete this application form to start the process for your project. Contact throughout the application process will be made with the Applicant listed below. The property owner or a designated agent may act as the Applicant.

Applicant Name(Required)

First Last

Is the Applicant the Property Owner?(Required)

Yes

Building Address(Required)

Street Address Address Line 2 City State / Province / Region ZIP / Postal Code Country

Phone(Required)

Email(Required)

Eligibility

Is the building an existing residential structure?(Required)

Yes

Is the structure at least 40 years old?(Required)

Yes

Is the property connected to City water and sewer service?(Required)

Yes

How many residential units does the structure currently have?(Required)

Note: To be considered for this tax relief incentive, the structure must have between one and four residential dwelling units.

Project Type

You MUST choose at least one.

Adds new housing: Does the project involve the creation of at least one new housing unit?

Yes

Preserves existing housing: Does the project resolve significant life safety or health risks in one or more existing housing units?

Yes

If you responded “yes” to this question, please be aware that the final determination as to whether the project resolves significant life safety or health risks will be made by the Building and Health Official.

Project Information

Describe Existing Structure

Include details on the current use of the residential structure, number of units by type and size, etc.

Describe Proposed Project

Include detail on the proposed renovations, proposed use of the structure, number of units by type and size, estimated cost of renovations, etc.

Is the building eligible for listing or listed individually on the National or State Register of Historic Places or located within a locally designated, State or National Historic District?

This information can be found by searching the National Register of Historic Places or New Hampshire State Register of Historic Places. Please upload supporting documentation.

Yes

File

Drop files here or

Max. file size: 100 MB.

Total Estimated Project Cost

Note: To be considered for this tax relief incentive, the project costs must be at least 15% of the pre-rehabilitation assessed value or $50,000 (whichever is less).

Estimated Project Start Date

Expected Project Completion Date

Attach a copy of a contract, contractor estimates, or itemized list of materials

Drop files here or

Max. file size: 100 MB.

Attach a project narrative, building plans or sketches, renderings or photographs to help explain the proposed rehabilitation or construction. Attach additional files if necessary.

Drop files here or

Max. file size: 100 MB.

Public Benefit

In order to qualify for tax relief under this program, the proposed work must provide at least one of the public benefits listed below. Greater consideration will be given to projects that provide more public benefits. You must choose at least one benefit.

It results in the creation of at least one new housing unit

Yes

If yes, please describe.

It prevents at least one housing unit from falling into obsolescence by addressing a life safety or health issue that would render the unit unlivable otherwise.

Yes

If yes, please describe.

It enhances and improves a structure that is culturally or historically important on a local, regional, state, or national level, either independently or within the context of a historic district, town center, or village center in which the building is located; or it preserves a historically significant structure that is listed on or determined eligible for listing on the National Register of Historic Places or the state register of historic places, such as existing carriage barns;

Yes

If yes, please describe.

It maintains owner occupancy of a residential building or it returns a residential building to owner occupancy;

Yes

If yes, please describe.

It increases the livability of the home by flood proofing a structure in a flood hazard zone, remediating contamination such as lead or asbestos, or significantly improving the energy performance of a home as determined by the NHSaves Home Heating Index tool by reducing the home heating index from a score of 9+ to a score of 4 or below.

Yes

If yes, please describe.

It results in a net-zero home that produces as much (or more) energy as it consumes by minimizing energy use through efficiency and meeting its remaining needs through renewable energy systems.

Yes

If yes, please describe.

Applicant Signature(Required)

Affidavit
I (we) hereby submit this application under the Residential Property Revitalization Zone (NH RSA 79-E) and attest that to the best of my (our) knowledge all of the information herein and in the accompanying materials is true and accurate. I (we) have reviewed the statute and Resolution R-2025-35 and understand that:
a) This application will be reviewed for completeness;
b) There will be a public hearing to evaluate the merits of this application;
c) If this application is approved by City Council, I (we) will need to enter into a covenant with the City; and
d) I (we) may be required to pay reasonable expenses associated with the creation of the covenant. I (we) understand this application will not be determined as complete and recommended to the City Council until all of the necessary information is provided.
IMPORTANT: Per RSA 79-E:13, the base or “original” assessed value for any tax relief period is set only after the following two conditions are met:
1. Approval by City Council; and
2. The Applicant has entered into a covenant with the City of Keene to protect the public benefit.
Additionally, no work can begin until these conditions are met.
Tax relief granted will pertain only to assessment increases attributable to the significant improvements performed under the conditions approved by the City Council and not to those increases attributable to other factors including but not limited to market forces.

Date

Owner Signature

NOTE: Owner must sign this Affidavit, if Owner is not the Applicant

Date