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Cambridge applies for state vacant‑storefront tax program and releases new small‑business dashboard
Summary
City staff said they updated a vacant‑storefront database showing a 21% drop in vacancies year‑over‑year and applied for a state one‑stop vacant storefront tax designation that could bring up to $50,000 to support businesses occupying long‑vacant spaces.
Cambridge’s economic development staff reported an updated vacant‑storefront inventory and said the city has applied for a state “one‑stop” vacant storefront tax designation that could make up to $50,000 available to a business taking a space that has been vacant at least six months.
Pardis Cifani described a recent update to the city’s vacant storefront…
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