Tax and Financial Incentives: State and City


Overview

This page will offer information and web site links for greater detail on state and city financial incentives and services. The first paragraph below details the City's single tax rate which is one rate for residential and business. Northampton's  municipal rate is one of the lowest in Massachusetts.  The second paragraph offers information and contacts for the state level economic development agencies which are the Massachusetts Office of Business Development and MassDevelopment.  The third paragraph offers explanatory information on how to access state level incentives and how approvals for those incentives can in some cases entail obtaining a local property tax reduction in order to complement and support the issuance of the state level incentives. 

Single City Tax Rate with No Commercial Rate


Northampton is one of the few larger communities in Western Massachusetts that offers a single tax rate for commercial and residential real estate. This keeps our commercial tax rate lower than many communities our size or larger.  In many municipalities, their commercial tax rate may be as much as 35% to 40% above the residential rate. 

State Level Incentives with the Commonwealth of Massachusetts 

Information and links on business development financial incentives available from the Commonwealth of Massachusetts and Mass Development. These include tax incentives, training funds, brownfields financing, job creation, job training grants and/or assistance, business development financing, and more.

Contacts for Massachusetts Economic Development and MassDevelopment    
Debra A. Boronski, Regional Director, Western Massachusetts
Massachusetts Office of Business Development
 (413) 733-5357  debra.boronski@state.ma.us
Julie Cowan, Vice President, Business Development, Mass Development (413) 731-8838 Ext. 1359  jcowan@massdevelopment.com

Economic Development Incentive Program (EDIP)


Obtaining state level incentives through the EDIP process can, in some cases, require securing a local property tax incentive, often termed a TIF, or Tax Increment Financing from the City.  . The state's Economic Development Incentive Program (EDIP) and Northampton's Tax Increment Financing program work in tandem to deliver the incentives to help a business grow.  

Brownfields Cleanup & Redevelopment Assistance

For detailed information please link to: Massachusetts Brownfields Clean Up

The Commonwealth of Massachusetts is committed to the cleanup and redevelopment of brownfield properties as a way to stimulate the economy and promote environmental protection goals.  In 1998, Masachusetts passed a law creating financial incentives and liability relief for parties that take on brownfields clean up projects. This law is known as the Brownfields Act. The Act provides funding to administer programs targeted towards the clean up and reuse of contaminated property.  

For direct assistance please contact:

Cynthia Pawloski
Section Chief - Brownfields and Enforcement
MassDEP/Bureau of Waste Site Cleanup
436 Dwight Street, Springfield MA 01103
Phone: (413) 755-2247
email: cynthia.pawloski@state.ma.us


For Further Assistance

For direct assistance with this issue, please feel free to contact:

Terry Masterson
Mayor's Office - Economic Development
City of Northampton
210 Main Street
Northampton MA 01060

Phone: (413) 587-1253
email: tmasterson@northamptonma.gov