Local Economic Revitalization Tax Assistance Act (LERTA)
Defined-parcel-specific areas with greatly reduced real estate tax burden for businesses undertaking facility improvements or new construction within the specified zone. LERTA zones have been designated by certain local municipalities and school districts each with their own abatement scales and time periods. The FCADC staff can provide information on specific zones…give us a call or drop us an e-mail for additional information.
For a complete listing of potential economic development incentive programs, please visit www.newpa.com.
Note: Certain programs are subject to funding availability, approval, and job creation requirements. All programs require an application in order to access funds.