Incentives
Need further convincing why your business should call Union County home? We offer many financial benefits to businesses that develop residency here: from tax abatement in certain locations; to tax credits for newer, specific types of businesses that bring innovation to our area; and even tax breaks on new improvements that stimulate the local economy.
Businesses located in the KOZ are eligible to receive local and state tax benefits, including 100% abatement for a specified time period. See the KOZ Fact Sheet for more information. Great Stream Commons offers 350 acres tax free to 2027!
Provides tax credits to for-profit companies less than eight years old operating in specific targeted industries within the boundaries of a Keystone Innovation Zone (KIZ). Union County is in the Greater Susquehanna Valley KIZ which includes the Bucknell Zone and Incubator Offices in the Lewisburg area.
LERTA is a local incentive program established by a municipality designating a LERTA Zone in cooperation with the county and school district. A business within a LERTA Zone receives real property tax abatement on new improvements for a period of 10-years. The first LERTA in Union County was established in 2017 within White Deer Township to encourage the redevelopment of an underutilized property into a new advanced-manufacturing facility.