The Economic Development Incentive Program (EDIP) has a 20-year track record of successfully attracting and retaining businesses, creating net-new jobs and leveraging billions of dollars of private investment in the Commonwealth. The Economic Assistance Coordinating Council may consider the following 5 types of projects: Expansion Projects, Enhanced Expansion Projects, Job Creation Projects, Manufacturing Retention & Job Growth Projects and Local Incentive Only Projects (either Tax Increment Financing or Special Tax Assessment). Learn more on:
- EDIP Eligibility by Project Type
- The EDIP and Local Real Estate Property Tax Incentives
- Economic Target Areas (ETA) & Economic Opportunity Areas (EOA): Please note that effective July 1, 2014, projects applying for certification are not required to be located in an ETA or EOA; therefore, all of the Commonwealth's 351 cities and towns may participate in EDIP.