Financing & Incentives


Renovated Building Tax Exemption

Developers/businesses who renovate existing structures in the City of Biloxi’s designated Central Business District can apply for an ad valorem tax exemption that would waive city/county taxes on the value of the improvements. The assessed value of the building, prior to the renovation, would be essentially frozen for up to seven years. This program applies to the increase in the building value only, not to land value, and the exemption does not apply to school taxes. For more information, please contact the Biloxi Department of Economic & Community Development at (228) 435-6280.

Historic Building Tax Credit Program

Restoration work on buildings that are listed on the National Register of Historic Places or are designated as Mississippi Landmarks are eligible for a 20% federal tax credit. Eligibility and application information are available through the Mississippi Department of Archives & History by calling (601) 359-6940.

Tax Abatement

For more information on these or other financing tools, please contact the City of Biloxi at (228) 435-6280 or Harrison County Development Commission at (228) 863-3807.