Tax & Financial 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.

Massachusetts Incentives

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

Massachusetts Office of Business DevelopmentDebra Boronski, Western Mass Regional Director
(413) 733-5357; Email Debra Boronski
Mass DevelopmentJulie Cowan, Vice President of Business Development
(413) 731-8838 x 1359; Email Julie Cowan

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

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, Massachusetts 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:

Brownfields and Enforcement
MassDEP/Bureau of Waste Site Cleanup
436 Dwight Street, Springfield MA 01103
Phone: (413) 755-2247