Regional Redevelopment Tax Credit (RTC)
The Regional Redevelopment Tax Credit (RTC) is an income tax credit incentivizing taxpaying developers to redevelop vacant and underutilized land and buildings—encouraging community revitalization and improving our regions’ quality of place.
Small Town Opportunity Initiative (STOI)
The Small Town Opportunity Initiative (STOI) incentivizes for-profit and non-profit developers to redevelop, rehabilitate or preserve vacant/underutilized land/buildings in community centers, downtowns and Main Streets. It is available to those investing in qualified sites within specific population parameters.