Lackawanna County is offering many opportunities to purchase a home, invest in a robust real estate market or grow your business.
The Local Economic Revitalization Tax Assistance Program (LERTA)
LERTA offers incentives to residents, investors, developers and business owners considering investing in new construction or building improvements located within the City of Scranton and surrounding areas. If you are interested in real estate expansion opportunities, explore the many advantages the LERTA program has to offer.
The City of Scranton passed a 10 yr, 100% LERTA on Residential Commercial and Industrial
Thinking of purchasing a home in the City of Scranton? Approved applicants may be eligible for $5,000 minimum assistance through the Homebuyer Program. Approval is based on adjusted household income, and you may qualify for deductions.
Federal Opportunity Zone (FOZ)
Lackawanna County, Pennsylvania, offers many opportunities to invest and grow your business and real estate portfolio. The Federal Opportunity Zone program offers incentives for properties located within designated census tracts under the Federal Opportunity Zone program.