The Moorhead Renaissance Zone (MRZ) Program is intended to encourage economic development and investment opportunities in the downtown business district. The MRZ Program includes a property tax exemption as the primary incentive, which includes the possibility of a five (5), ten (10), or fifteen (15) year property tax exemption for qualified projects that meet the minimum investment threshold and goals/objectives outlined in this plan. MRZ property tax exemption benefits are only available to eligible properties that are located within the defined MRZ boundary.
Applications are accepted anytime. Due to notice and public hearing requirements, allow 6 – 8 weeks for approvals. For more information contact Economic Development or call 218.299.5441, toll free 877.833.6667.