Downtown Revitalization Tax Credit Program

The Town of Derry provides an opportunity for significant tax relief on improvements made to existing buildings or selected properties in the Revitalization Zone. 

If a redevelopment project will result in a substantial rehabilitation (at least $75,000 or 15% of the total existing assessed value), any new taxable value directly generated by the renovation could be free from the levying of property taxes for up to five years.

For more information, contact or

Informational Flyer

Application for Tax Relief

Sample Covenant

Map of Revitalization Zone

What is the process?