Incentives – Schuylkill Economic Development Corporation https://www.sed-co.com Bringing people together to stimulate economic development in Schuylkill County Sat, 18 Jul 2020 15:10:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.sed-co.com/wp-content/uploads/2020/07/cropped-sedco_icon-512-32x32.png Incentives – Schuylkill Economic Development Corporation https://www.sed-co.com 32 32 LERTA https://www.sed-co.com/lerta/ Wed, 13 Aug 2014 13:41:54 +0000 https://www.sed-co.com/?page_id=127 The Local Economic Revitalization Tax Abatement (LERTA) is a tax abatement incentive to encourage improvements, rehabilitation and new construction to qualified commercial properties throughout the entire county. LERTA applies tax abatement to the value of the increase in property tax assessment due to property rehabilitation or new construction. Generally, major improvements to a property will trigger a property reassessment by the county assessors office. LERTA provides up to a 10-year property tax abatement of a certain percentage of the taxes owed.

 

]]> Governor’s Action Team https://www.sed-co.com/governor-s-action-team/ Wed, 13 Aug 2014 12:20:07 +0000 https://www.sed-co.com/?page_id=126

governorsActionTeam

SEDCO will work with the Governor’s Action team to determine what other incentives might be available, including grants, low-interest loans, tax credits and training.

FOR MORE INFORMATION

Governor’s Action Team

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