Valley Center to start housing fix-up incentive

The City of Valley Center will unveil a program in 2019 designed to provide incentives for homeowners to fix up their properties.

The Neighborhood Revitalization Program, which will run from 2019 through 2022, gives qualified owners of single-family residences a property tax rebate.

The program applies to certain properties that a recent survey has determined are in need of help.

To be eligible for the program, owners of such properties must spend at least $5,000 or 10 percent of existing assessed value, whichever is greater, on the improvement. The five-year, 100 percent rebate is for the city portion of the increase in property tax that results from the improvement.