Harvard and Woodstock were approved for enterprise zones in January. This is a proactive government effort to financially promote new construction and expansion of commercial and industrial properties. The program offers various tax incentives to stimulate economic activity and create jobs. Tax credits are available toward income tax, sales tax, and real estate taxes. Local governments are also offering to fast track processing of permits and some reductions on fees for permits and tap-in fees.

If you are looking to expand your business, this is an excellent time to build a new facility or purchase a building that needs expansion or improvement. Asking prices for properties and interest rates on financing are both still low. Contact any of my professional agents  for opportunities.