Quick Links

Planning and Economic Development

Program / Project details

Economic Development Services Group

 

Brownfield Single Business Tax Credit

1The Brownfield Single Business Tax Credit provides an incentive in the form of a Single Business Tax credit (against the SBT liability of the developer) for up to 10 percent of the costs of eligible investment (including building, machinery and equipment) on brownfield property, up to a maximum credit of $30 million. The authority may award a maximum of 15 credits per calendar year. Of these, up to three may be greater than $10 million and less than $30 million. While preference is given to Core Communities, the authority has the ability to award three credits annually to Non-Core Communities.

Back to Program/Project Overview Page

 


          
This site is best viewed with a resolution of 1024 x 768 (or higher) and supports
Microsoft Internet Explorer 6.0+ or Netscape 7.0.