Today Governor Maura Healy signed legislation extending the eligibility deadlines for the Massachusetts Brownfields tax credits program by five years. The legislation had been included in the budget bill, which had recently...more
8/9/2023
/ Brownfield Properties ,
Construction Project ,
Contaminated Properties ,
Environmental Policies ,
Neighborhood Revitalization ,
New Legislation ,
Real Estate Development ,
Redevelopment ,
Regulatory Reform ,
State and Local Government ,
Tax Credits ,
Urban Planning & Development
The Massachusetts Department of Revenue (DOR) issued final regulations effective July 9, 2021 (the Regulations) that are intended to aid in the implementation of the Massachusetts Brownfields Tax Credits program, which was...more
7/12/2021
/ Brownfield Properties ,
Construction Project ,
Contaminated Properties ,
Environmental Policies ,
Municipalities ,
Neighborhood Revitalization ,
New Regulations ,
Real Estate Development ,
Redevelopment ,
Regulatory Reform ,
State and Local Government ,
Tax Credits ,
Urban Planning & Development
While Massachusetts first created a Brownfields tax credit in 1998 to encourage the redevelopment of Brownfields sites, until recently, this very useful tax credit was in danger of becoming history. ...more