Friday, August 17, 2012

The Enterprise Zone Program Tax Credit Now Available

The Enterprise Zone Program (EZP) Tax Credit is available to companies that make qualified investments to rehabilitate, expand, and/or improve buildings or land that promote community economic development, AND which are in impoverished areas that have been designated as Enterprise Zones. Tax credits are authorized in the amount of 25 percent of funds invested, up to a maximum of $500,000. The application can be found at: http://www.newpa.com/find-incentives-apply-for-funding/single-application-for-assistance


The Southwestern PA Commission works with small businesses to aid in their business expansion and development projects. They also act as a public partner to reduce risk for local lenders, and currently have interest rates for business loans as low as 2.75%. For more information contact Dick Wallace at (412) 391-5590 ext. 322, or email him at rwallace@spcregion.org. For more information please visit: http://www.spcregion.org/plan_loans.shtml

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