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INCENTIVE DESCRIPTION
| State: | NY |
| Incentive Type: | Income/Franchise Tax Incentives and Credits |
| Incentive Title: | Brownfield Credits |
| Description: | BROWNFIELD CLEANUP PROGRAM- New York state offers tax credits for the remediation and redevelopment of brownfields. New York also has designated environmental zones ("En-zones") where additional tax credits are available. |
| Eligibility Requirements: | To be a designated "En-zone", the census tract must have a poverty rate of 20% and an unemployment rate of 125% of the State's. |
| Geographic Restrictions: | Statewide/ and Designated Areas |
| Granting Authority: | Department of Environmental Conservation |
| The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com |
Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives. |
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