LERTA (Local Economic Revitalization Tax Assistance Act) 1020 Lebanon Road, Suite 250, West Mifflin, PA 15122 | Phone 412-466-9131. Facebook Page

2018-12-24

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For information on the required improvement amount, the designated LERTA area and how to apply, please read below. LERTA OrdinanceLERTA/TIF Area MapLERTA Program Application – tax exemption WHAT IS LERTA? The Local Economic Revitalization Tax Assistance (LERTA) program, authorized by Pennsylvania Act 76 of 1977 (P.L. 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.

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LERTA is a land based incentive program, that restricts the end-users exposure to real estate taxes. This program can only be used on improvements made to a property, and requires agreement from all three real estate taxing authorities: Municipality, School District, and County.

Local Economic Revitalization Tax Abatement (LERTA) Ordinance 2008-03 & Application. Clean and Green Regulations .

The re-codification of the City’s Code Book on August 26, 2013 changed the numbering system and organization of the City’s Code Book. Ordinances posted in this area of the City’s web site prior to August 26, 2013 use the old numbering system.

View LERTA The Local Economic Revitalization Tax Assistance (LERTA) program, authorized by Pennsylvania Act 76 of 1977 (P.L. 237; 72 P.S. §4722) and Ordinance May 15, 2020 The city is issuing more LERTA permits for residential and and 23 other northwestern and northcentral Pennsylvania counties were elevated LOCAL ECONOMIC REVITALIZATION TAX ASSISTANCE ACT (L.E.R.T.A.) [1] www.boarddocs.com/pa/udar/Board.nsf/files/B89REN6A8527/$file/Lerta% The Local Economic Revitalization Tax Assistance (LERTA) Program, authorized by Pennsylvania Act 76 of 1977, and Ordinance 2017-03 by the Steelton The North Huntingdon LERTA (Local Economic Revitalization Tax Assistance) program provides temporary exemption from Township, School District, and LERTA Tax Abatement Application Tistown, PA 19401 The Local Economic Revitalization Tax Assistance (LERTA) program, authorized by Pennsylvania available under the program established by the Borough pursuant to the Pennsylvania Local Economic. Revitalization Tax Assistance Act (LERTA), 72 P.S. Urban Redevelopment Authority of Pittsburgh 412 Boulevard of the Allies Suite 901 Pittsburgh, PA 15219. P: 412.255.6600. F: 412.255.6617. inforequest@ura. Local Economic Revitalization Tax Assistance Act. The Local Economic Revitalization Tax Assistance Act (LERTA), Act 76, provides for tax abatements for LERTA (10-Year, 100% Tax Abatement).

News May 22, 2015 LERTA is here! Middle Smithfield Township is expected to adopt LERTA Ordinance. Business owners in Middle Smithfield Township can get ready to save on taxes if the LERTA Ordinance is adopted at the Public Hearing on Tuesday at 6pm. Pennsylvania Local Economic Revitalization Tax Assistance Act 761 of 1977 (the “Act”). The Act provides an additional mechanism for local taxing authorities2 to contribute to the economic development of their respective jurisdictions through the exemption of real property tax.
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City Council File No. 16,099, Official Ordinance No. 37-2019. Effective July 3, 2019 superseding all prior LERTA Ordinances 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. 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 Lackawanna County, Pennsylvania offers many opportunities to invest and grow your business and real estate portfolio.

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Business owners in Middle Smithfield Township can get ready to save on taxes if the LERTA Ordinance is adopted at the Public Hearing on Tuesday at 6pm. • Residential LERTA - Available for a period of 10 years with the credit limited to $150,000 for new construction or renovations. Typically, the current use of property is commercial or industrial and the future use of property is for residential rental or hotels. • Residential Enhanced LERTA - Similar to above except for the annual limit LERTA provides exemptions of taxes on improvments located in certain areas of the City. For information on the required improvement amount, the designated LERTA area and how to apply, please read below. LERTA OrdinanceLERTA/TIF Area MapLERTA Program Application – tax exemption WHAT IS LERTA? The Local Economic Revitalization Tax Assistance (LERTA) program, authorized by Pennsylvania Act 76 of 1977 (P.L.

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LOCALECONOMICREVITALIZATIONTAXASSISTANCEACT ActofDec.1,1977,P.L.237,No.76 Cl.53 ANACT Authorizinglocaltaxingauthoritiestoprovidefortax The Local Economic Revitalization Tax Assistance Act (LERTA) of 1977 allows taxing authorities to exempt new construction and/or improvements to business properties from increased real estate taxes in selected areas of a community to encourage investment by the private sector.

What is LERTA? • LERTA is a tax abatement program created by the Commonwealth of Pennsylvania in 1977 authorizing local taxing authorities to provide a tax abatement for 10 years on construction improvements.