Keystone Special Development Zone (KSDZ)
Overview
The Keystone Special Development Zone (KSDZ) program was established for the purpose of providing incentives to for-profit businesses that locate and operate in designated geographic zones. Pennsylvania continues to have a surplus of abandoned, deteriorated commercial and industrial sites in need of revitalization. The KSDZ program is an incentive-based tax credit program to foster redevelopment of these former industrial and commercial sites.
Uses
Tax credits used to offset various business tax liabilities.
Eligibility
Approved businesses located within a Keystone Special Development Zone.
Funding
$2,100 per-job tax credit to approved businesses operating within a Keystone Special Development Zone.
Terms
Tax credits may be claimed for up to ten years.