Lancaster City: Investment Incentives, Tax Credits, and Financing
City of Lancaster
120 N Duke St, P.O. Box 1599, Lancaster, PA  17608-1599
717.291.4711 www.cityoflancasterpa.com
Investment Incentives, Tax Credits, and Financing


Local Economic Revitalization Tax Assistance (LERTA)
LERTA provides exemptions of taxes on improvments located in certain areas of the City.  For information on the required improvement amount, the designated LERTA area and how to apply, please read below.
      LERTA Ordinance
      
LERTA/TIF Area Map
      LERTA Program Application - tax exemption


Impact Project Enterprise Zone Program
All eligible businesses located within the Impact Project Enterprise Zone will be eligible to apply for tax credits against the applicable state business tax for the value of improvements made to business properties located within the Enterprise Zone.

For more information on how to apply for tax credits and whether or not your business would qualify for those tax credits, please go to the Commonwealth of Pennsylvania Department of Community and Economic Development NAP/EZP web site.  
      City Ordinance
      Map

 

Keystone Opportunity Zones (KOZ)
Provides state and local tax abatement to businesses in and relocating into this zone.
     Map


Tax Increment Financing (TIF) Guarantee Program
Assists in the development, redevelopment and revitalization of Brownfield and Greenfield sites. The program provides credit enhancement for TIF projects to improve market access and lower capital costs through the use of guarantees to issuers of bonds or other indebtedness.
    Map


Economic Development Company of Lancaster County and EDC Finance Corporation
EDC and EDC Financing provide Lancaster County businesses with access to state and local economic development incentive financing programs.
    EDC
    EDC Finance





Content Last Modified on 1/11/2012 4:37:42 PM

 

City of Lancaster, 120 N Duke St, P.O. Box 1599, Lancaster, PA  17608-1599     717.291.4711