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Neighborhood Revitalization Plan The City of Hillsboro has a Neighborhood Revitalization Plan in effect for the years of 2008-2018. The purpose of the plan is to encourage property owners to improve their properties. Since improvements usually result in a property tax increase, an NRP allows for a tax abatement of the improvements over a 10 year period (2008-2018). In order to qualify, a property owner must submit an application to the city and demonstrate expenditures of $5,000 for residential and $15,000 for commercial properties. Click here
to download a copy of the Neighborhood Revitalization Plan
.
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