Inventive Incentives

Source

MaineBiz

Date

4-15-2019

Pages

18-22

Abstract

A Focus piece on how Maine developers are tapping into creative ways to finance projects, including tax incentives, tax credits, and Opportunity Zones. These financing tools are designed to drive private investment in low-income areas where they might not otherwise invest. The article explains how tax credits work and gives a few examples of projects that made successful use of credits and incentives, such as The Lamb Block project in Livermore Falls.

Subjects

Tax incentives, Real estate development -- Maine

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