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Resident urges Munhall to adopt LERTA tax-abatement ordinance to attract housing and development
Summary
A Munhall resident urged council to ask the solicitor to draft a Local Economic Revitalization Tax Assistance (LERTA) ordinance that would offer multi-year property tax abatements to encourage rebuilding and new construction, and asked the borough to align any ordinance with the Steel Valley School District and neighboring municipalities.
Brad, a resident who said he registered to present, asked the Munhall Borough Council on a night meeting to consider adopting a LERTA (Local Economic Revitalization Tax Assistance) ordinance to attract developers and incentivize rehabilitation of deteriorated properties.
Brad said the program would allow taxing bodies — typically the school district, municipality and county — to offer a time-limited tax abatement on improvements in defined deteriorated areas and urged the council to keep any local ordinance “generous” and “simple” to appeal to investors.
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