Enterprise Zone

Tax Abatement Programs

Overview


The Connecticut General Statues, CGS 32-70, designates the establishment of the State’s Enterprise Zones. The purpose of the Enterprise Zone is to attract redevelopment, renewed investment, and job opportunities. Qualified industrial, commercial and residential properties are eligible for tax incentives. The Enterprise Zone is a five- or seven-year tax abatement program for companies constructing, purchasing, and/or expanding a building within the City/State-designated Enterprise Zone.


Helpful information about this program: