You may qualify for assistance from local industrial development agencies
These local industrial development agencies focus on providing property tax abatements through a “PILOT,” sales and use tax exemptions, mortgage recording tax abatements or exemptions, and other benefits to qualified companies, and partner with local electric and gas companies, other state organizations and various business and housing trade associations in order to encourage businesses to thrive, develop and expand. Depending on your project and needs, you may wish to explore taxable or tax-exempt bond financing.
Our lawyers comprising the economic development team will guide you through the application process, present your applications before the local agencies, discuss your job creation requirements, and represent you on all aspects of your real estate acquisition or leasing, development and financing needs, all the way through closing. Most importantly, we want to ensure that you have access to all of the relevant information so that you can take advantage of the programs available.
Whether you are a small or medium-sized business eager to buy, expand or relocate, a multi-family real estate developer looking to construct housing, or a not-for-profit college purchasing property to expand its campus, we encourage you to call us.
