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In August, Governor Healey signed the FY 2024 budget legislation extending for five years until January 1, 2029, the Brownfields Tax Credit that was set to expire at the end of 2023....
The link between contamination and economic development A Drop In State Tax Credits For Redeveloping Former Factory Sites Is Hampering Growth In Worcester, Experts Say Former factory sites in Worcester and around Massachusetts are often riddled with PCB's and other contaminants. DenisTangneyJr/Getty Images The link between contamination and economic development Like many cities in Massachusetts, Worcester has deep industrial roots, and former factory sites are often riddled with PCB's and other contaminants. Cleaning and redeveloping those properties isn't easy or cheap, so in 1998, the sta...