Downtown Owensboro Development
Historic Property Tax Credits
Northwest Neighborhood Revitalization
Northwest Neighborhood Revitalization
Historic Rehabilitation Tax Credit is a voluntary, dollar-for-dollar credit toward a property owner's income taxes, based on the cost of rehabilitating a Historic Property.
Rehabilitation expenses must take place within 24-months of approval via state program.
Northwest Neighborhood Revitalization
Northwest Neighborhood Revitalization
Northwest Neighborhood Revitalization
Multiple grants and programs focused on the city’s Northwest Neighborhood, providing funding for residential, commercial & rental opportunities.
Program can be combined with other benefits but is scheduled to expire in 2025.
Opportunity Zones
Northwest Neighborhood Revitalization
Opportunity Zones
Capital gains tax-free investing in Downtown Owensboro & Northwest Neighborhoods on investments made prior to 2027 & held 10+ years.
Investments must be made via a Qualified Opportunity Zone Fund (funded by any recognized capital gains w/in the past 6 months).
Historical Downtown Development Plans
Check out the DO Downtown Owensboro Pass and discover everything there is to see in downtown!
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