Effective Use of Tax Incentives within Greater Philadelphia
Municipal Implementation Tool #029

Effective Use of Tax Incentives within Greater Philadelphia

Product No.: MIT029
Date Published: 02/2017

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If you would like to request a printed copy (or copies) of this product, please call DVRPC at 215-592-1800 or email the staff contact listed below. If you would like to request this publication or portion of this publication in another language or format, please fill out a request form.

Tax incentives are important tools for municipalities to attract private investment to underdeveloped areas, generating infill development and strengthening existing communities. Though tax revenue will be foregone in the short-term, new development has the potential to create lasting economic growth in struggling districts and to create positive spillover effects to the surrounding neighborhoods. This brochure is designed to help municipal officials use tax Incentives to increase profitability or defray costs.

Geographic Area Covered: DVRPC 9-county region

Key Words: revitalization, tax incentive, tax credit, long term tax abatement, short term tax abatement, reductions, evaluation, regulatory, design, financial, façade programs, rehabilitation, housing credits, value capture, housing choice voucher, land leases, tax increment financing, urban enterprise zones, redevelopment area, bonds, Local Economic Revitalization Tax Assistance (LERTA), Brownfield remediation, Keystone Opportunity Zones (KOZs), Transit Revitalization Investment Districts (TRID), impact fees, and municipal investments.

Staff Contact(s)

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DVRPC’s publications or portions of publications can be translated in alternative languages and formats if requested. To request translation, please submit the form below. You can also contact DVRPC’s Office of Communications & Engagement at 215-592-1800 or public_affairs@dvrpc.org.

Title VI Statement

The Delaware Valley Regional Planning Commission (DVRPC) fully complies with Title VI of the Civil Rights Act of 1964, the Civil Rights Restoration Act of 1987, Executive Order 12898 on Environmental Justice, and related nondiscrimination mandates in all programs and activities. DVRPC's website, www.dvrpc.org, may be translated into multiple languages. Publications and other public documents can usually be made available in alternative languages and formats, if requested. DVRPC’s public meetings are always held in ADA-accessible facilities, and held in transit-accessible locations whenever possible. Translation, interpretation, or other auxiliary services can be provided to individuals who submit a request at least seven days prior to a public meeting. Translation and interpretation services for DVRPC’s projects, products, and planning processes are available, generally free of charge, by calling (215) 592-1800. All requests will be accommodated to the greatest extent possible.

Any person who believes they have been aggrieved by an unlawful discriminatory practice by DVRPC under Title VI and/or ADA has a right to file a formal complaint. Any such complaint must be in writing and filed with DVRPC's Title VI Compliance Manager, Alison Hastings, and/or the appropriate state or federal agency within 180 days of the alleged discriminatory occurrence. For more information on DVRPC's Title VI program or to obtain a Title VI Complaint Form, please visit: www.dvrpc.org/GetInvolved/TitleVI, call (215) 592-1800, or email public_affairs@dvrpc.org.

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