KEYSTONE OPPORTUNITY ZONES (KOZ)

Eligibility: Provides state and local tax abatement to businesses and residents locating in one of the 12 designated zones.

Eligible Uses: Provides state and local tax abatement to businesses and residents

Where to Apply: Location in one of the 12 designated zones qualifies the business and residents

Amounts: Projects in KOZ/KOEZ are given priority consideration for assistance under various community and economic building initiatives.

Terms/Conditions:

Pennsylvania businesses relocating to a KOZ/KOEZ must either: Increase their full-time employment by 20% within the first full year of operation, or make a 10% capital investment in the KOZ/KOEZ property based on their prior year’s gross revenues. Eligibility for benefits is based upon annual certification. In order to receive benefits, any entity applying must be compliant with all local and state taxes and building and zoning codes