Local Economic Revitalization Tax Assistance (LERTA)
IF: A commercial property in the borough is improved with a project that increases its taxable assessed value,
THEN: Increases in real estate taxes levied by the borough and the ELCO school district will not be immediately assessed, but "phased in" over 7 years.
Learn More about the LERTA Incentive
Green Roof Incentive
IF: A building or parking structure includes an approved "green roof,"
THEN: the area covered by the "green roof" may exceed the maximum allowed building coverage for the lot by 20%.
Learn more about the Green Roof Incentive
Pervious Pavement Incentive
IF: Borough-approved pervious pavement is used for the parking lot,
THEN: The maximum impervious coverage of a lot or a tract may be increased by up to 10% percent for the lot area.
Learn more about the Pervious Pavement Incentive
LEED-Certified Building Incentive
IF: A new building is LEED-certified or meets a higher standard under the latest published standards,
THEN: The building may exceed the maximum building coverage and/or the maximum impervious coverage by 10% for the lot area.
Learn more about the LEED-Certified Building Incentive