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§ 8902-E. Purpose

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: September 12, 2016

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 5. Tax Reform Code of 1971 (Refs & Annos)
Article XIX-E. Mixed-Use Development Tax Credit (Refs & Annos)
Effective: September 12, 2016
72 P.S. § 8902-E
§ 8902-E. Purpose
Currentness
The implementation and use of this program shall be for the purposes of:
(1) Increasing affordable housing and commercial corridor development opportunities in areas of this Commonwealth where significant need and impact can be identified.
(2) Maximizing the leveraging of private and public resources.
(3) Fostering sustainable partnerships committed to addressing community needs.
(4) Ensuring that resources are used to effectively and efficiently meet community needs.
(5) Establishing a transparent application, allocation and reporting process for all stakeholders.
(6) Providing financing to critical projects as part of an overall strategy for revitalizing communities.

Credits

1971, March 4, P.L. 6, No. 2, art. XIX-E, § 1902-E, added 2016, July 13, P.L. 526, No. 84, § 43, effective in 60 days [Sept. 12, 2016].
72 P.S. § 8902-E, PA ST 72 P.S. § 8902-E
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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