Certain projects may be eligible for local property tax abatement and/or state tax credits based on criteria such as jobs and amount invested.
This niche program can be a great opportunity for manufacturers looking to expand their operations by importing or exporting products internationally.
For industrial businesses that are weighing their options to finance a projects, HEDIC offers a low-interest loan that works in partnership with your bank.
The U.S. Small Business Administration (SBA) has designated a portion of the City as a HUB Zone which offers competitive advantages on local, state and federal contracts.
Similar to the TIF/STA, there are local property tax abatements and state tax credits available for Market-Rate housing projects based on certain criteria.
The Holyoke Rental Neighborhood Improvement Program provides low interest loans to rental property owners to provide quality housing in the City of Holyoke.
The Neighborhood Improvement Program (NIP) administered by Olde Holyoke Development Corp. provides up to 60% rebates for home improvement of one-to-four unit, owner occupied properties.
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Last Updated on January 27, 2013 by Planning Department