GREENSBURG OFFICIALS HOPE MORE BUSINESSES USE TAX INCENTIVE PROGRAMS

Greensburg officials are hopeful that more businesses enroll in a tax incentive program.  The Trib reports that in the last 10 years of the Local Economic Revitalization Tax Abatement program, or LERTA, three commercial properties have been improved.  Greensburg Community Development Corporation Executive Director Nancy Ligus is looking for a ten year extension of the program.  The program is available to all commercial property owners and is a temporary tax exemption based on property improvements specifically for renovations that modify the building’s footprint or is for new construction.