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Program | Eligibility | Eligible Uses |
---|---|---|
Local Economic Revitalization Tax Assistance Act (LERTA) See all active LERTA opportunities |
City County Borough Incorporated town Township Institutional district School district |
* Local municipalities, school districts and counties can offer abatements on property taxes for up to 10 years. |
Tax Increment Financing (TIF) | City County Borough Incorporated town Township Institutional district School district |
* Local municipalities, school districts and counties can redirect tax revenues from future taxable developments for public improvements in a designated area. |
Industrial Resource Center Network (IRC) | Small to mid-sized manufacturers employing 500 or fewer employers | * Provides value-added service in assisting manufacturers in improving quality, productivity and adaptation of modern manufacturing technologies. Financial assistance may be grant or loan, depending on situation. |
Small Business Development Centers (SBDCs) | Entrepreneurs Small businesses Business persons |
* Provides technical assistance for turning ideas into businesses. * Helps small firms expand. * Provides information necessary for business persons to make important decisions. |