Investment Incentives

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.

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The City of Scranton passed a 10 yr, 100% LERTA on Residential Commercial and Industrial

First-time Homebuyer Program

Thinking of purchasing a home in the City of Scranton? First-time home buyers may be eligible for a forgivable, deferred-payment loan if purchasing a home in Scranton. These funds can assist with your down payment and closing costs.

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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.

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