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Abatements

Abatements encourage new construction or rehabilitation of properties with the exemption of all or part of the value of the improvement for a set number of years. Abatements help revitalize communities, retain residents, attract home- and business-owners to the city of Philadelphia, and reduce development costs for commercial and residential projects.

Which Abatement is Right for Your Property?

 

 

Glossary

A selection of terms relating to Abatements.

  • Abatement
Full Glossary