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Neighborhood Assistance, Enterprise Zone Tax Credit (NAP/EZP)August 11, 2015
An incentive program that provides tax credits to private companies investing in rehabilitating, expanding, or improving buildings or land located within designated enterprise zones.
Real property improvements such as rehab, expansion or physical improvements to buildings or land resulting in jobs created or retained.
Tax credits equal 25% of amount invested; Up to $500,000 total tax credits per project.
Any private company with an investment located in an enterprise zone.
Credits received and not used may be carried forward for up to five years. Credits may be sold or transferred. Please refer to guidelines.
How to Apply
Apply using the DCED Single Application for Assistance.