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The Local Economic Revitalization Assistance (LERTA) Program, authorized by PA Act 76 of 1977, and Ordinance of the Governing Body of the City of Altoona, is a great way to encourage revitalization and new construction in the City of Altoona.

Lackawanna County, Pennsylvania offers many opportunities to invest and grow your business and real estate portfolio Pennsylvania's real property tax is not imposed on machinery and equipment, In addition to LERTA, Pennsylvania permits local taxing jurisdictions to use tax May 8, 2019 LERTA is a tax abatement program, passed by the Commonwealth of Pennsylvania in 1977, that incentivizes property investment and G-A School District. Franklin County Tax Assessor. Attn: Jolinda Wilson. Attn: Gary Martin. 500 Leitersburg St. 2 North Main Street.

P10M$. Easton Rd. Donald Rd. Blvd. Ikinator. Butterfly L. PA Route 62. CenterPoint Commerce & Trade Park East, Pittston Township, PA Expandable to 511,500 SF 55.11 Acres Best Use: Industrial Tax Abatement: LERTA (10 years, East Cocalico PA. Home Local Economic Revitalization Tax Assistance Act ( LERTA) · Newsletters Welcome to East Cocalico Township PA Community First .

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LERTA – Local Economic Revitalization Tax Assistance (LERTA). LERTA provides exemptions of taxes on improvements located in certain areas through Central The Local Economic Revitalization Tax Abatement (LERTA) is a tax LERTA applies tax abatement to the value of the increase in property tax PA-IDC logo CenterPoint Commerce & Trade Park East, Pittston Township, PA Expandable to 511,500 SF 55.11 Acres Best Use: Industrial Tax Abatement: LERTA (10 years, 1 Nov 2017 Under Pennsylvania Act 42 originally enacted in 1971 (and amended under the Local Economic Revitalization Tax (LERTA) act enacted in LERTA is a tax abatement program designed to encourage reinvestment in the City of Erie. City Council File No. 16,099, Official Ordinance No. 37-2019 Effective July 3, 2019 superseding all prior LERTA Ordinances LERTA: Local Economic Revitalization Tax Assistance LERTA Overview LERTA is a tax abatement program that was created in 1977 to incentivize property investment and redevelopment of difficult or undesirable properties- such as brownfields. LERTA creates a graduated increase in tax payments on new construction and property rehabilitation for LERTA, is the acronym for Local Economic Revitalization Tax Assistance Program, and is intended for industrial, commercial, or business property owners who are contemplating repair, construction, or reconstruction of industrial, commercial, or other deteriorated business property within the City of Reading limits.

Many Pennsylvania municipalities have developed a LERTA program for their communities to encourage this beneficial reinvestment. Municipalities that have LERTA sites grant property owners a tax incentive to improve their properties within an area designated for revitalization.

LERTA creates a graduated increase in tax payments on new construction and property rehabilitation for owners of commercial, industrial, and business properties located within designated zones in the City. LERTA does require that property owners pay full land taxes, while taxes on improvements to the land grow incrementally over 10 years. GREENCASTLE, Pa. — The pros and cons of a tax-incentive program are on the table for the Greencastle-Antrim School Board.

The Local Economic Revitalization Tax Assistance Program (LERTA) offers incentives to residents, investors, developers and business owners considering investing in new construction or building improvements located within the City of Scranton and surrounding areas. What is LERTA?
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The law has become the most widely used economic development tool by the Commonwealth’s municipalities since enactment in 1997. The LERTA law gives local taxing jurisdictions the ability to offer property tax LERTA is a tax abatement program designed to encourage reinvestment in the City of Erie.
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The new LERTA plan allowed the school district to seek to end the LERTA expansion if it did not generate a total of $20 million in new construction in its first two years. Contact Kevin Flowers at

237; 72 P.S. §4722) and Ordinance No.731 by the Lower Moreland Township Board of Commissioners, is a creative way to encourage owner-driven revitalization and new construction in Lower Moreland Township.Properties that qualify for LERTA still pay a local tax but do What is LERTA?

Tax Relief & Redevelopment Act (LERTA) | Warren County, Pennsylvania Tax Relief & Redevelopment Act (LERTA) Informational Page on the County's effort to expand tax abatement programs for both residential and commercial properties.

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