HARRISBURG – Gov. Tom Wolf signed legislation into law that would give municipalities a new tool to transform blighted properties. Act 61 of 2020 allows local taxing authorities to provide a tax exemption for up to 10 years for any improvements and new construction on blighted properties in deteriorated areas. The amount of the exemption would decline by 5 to 15% per year before expiring after the tenth year. Projects would only be eligible for the tax abatement if all zoning ordinances are observed, all code violations are cleared, and the value of the property increases by at least 25%. The property owner must also pay any delinquent taxes related to the subject property.

GOV. TOM WOLF