Renaissance Zone Program

Overview

 
RZ_Map

The Renaissance Zone program, which was established by the North Dakota Legislature in 1999, provides tax exemptions and credits to both residents and businesses for revitalization and redevelopment activities within the Zone. Bismarck’s Renaissance Zone was established in March 2001 and now encompasses a 39-block area in downtown Bismarck. The purpose of the Zone is to encourage reinvestment in downtown properties, which in turn strengthens the core of our community. The Renaissance Zone provides both property tax and income tax incentives to property and business owners who invest in qualified projects. There are five different types of Renaissance Zone projects: rehabilitation, purchase with major improvements, purchase only, lease, and historical preservation and renovation.

A Renaissance Zone project must be approved by both the City of Bismarck and the North Dakota Department of Commerce before the qualifying activity occurs (purchase, lease or rehabilitation).


Application and Information Guide

Applications are due by 5:00 pm on the Monday that is 24 days prior to a scheduled Renaissance Zone Authority meeting (as shown on the Meeting Schedule and Application Deadlines.
  
Renaissance Zone Program Application
Renaissance Zone Program Information Guide  
 

Renaissance Zone Authority 

The Renaissance Zone Authority is a seven member advisory board that makes recommendations on requests for designation as a Renaissance Zone project and CORE Incentive Grant program applications. The Renaissance Zone Authority also provides guidance on Downtown Design Review and other activities impacting the core of the community. 

Agendas, minutes and additional information are available on the Renaissance Zone Authority page.

Additional Information


 
Bismarck Renaissance Zone Development Plan
Bismarck Renaissance Zone 2016 Needs Assessment
Bismarck Renaissance Zone 2016 Program Evaluation
North Dakota Renaissance Zone Program Guidelines (North Dakota Department of Commerce)
Guidelines for Renaissance Zone Tax Incentives (North Dakota Office of State Tax Commissioner)
State Historical Society of North Dakota Tax Incentives
Chapter 40-63 Renaissance Zone in the North Dakota Century Code
Bismarck Renaissance Zone 2016 Program Summary 
For additional information on the Renaissance Zone Program, contact Daniel Nairn