Tuesday, April 17, 2007

Tax Abatement For New Construction

A friend of mine from Philadelphia told me the other day that the housing stock was in a horrible decline a few years back and nobody was building. What did they do? They decided to offer a 10 year abatement for taxes for new construction since 1997. It has been a huge success in the Philadelphie. Read here for more information.

Maybe the City of Worcester should consider the same?

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