Incentives – LERTA

The Local Economic Revitalization Tax Assistance (LERTA) program allows a company constructing a new facility or a major expansion to defer the increase in real estate taxes on the value of the construction over a period of ten years. Simply, the real estate tax increase attributed to the increased assessment due to improvements is phased in over a ten-year period by increasing the taxes paid by 10% per year until the full assessment is reached.

LERTA legislation has been adopted in the City of York, the Townships of Conewago, Hopewell, East Manchester, West Manchester, Dover and Red Lion Borough along with their respective school districts. For more information on the LERTA Program, contact Kenetha Laughman-Hansen at 717-846-8879, ext. 3027 or khansen@ycedc.org.