Community Development
Residential LERTA Program
Residential LERTA Program
In order to provide residential property owners with an incentive for renovating or rebuilding their property, the City Council has adopted the Residential LERTA program. LERTA, which stands for Local Economic Revitalization Tax Assistance, allows local taxing authorities to exempt the new taxes resulting from improvements to residential properties. Types of eligible improvements include:
- Construction on exterior or interior of structure
- Reconstruction including alterations and additions
- New Construction
- Building additions
- Ordinary upkeep and maintenance improvement are not eligible.
The Residential LERTA program is available through the cooperation of: City of Bradford, Bradford Area School District and the McKean County Commissioners. For more information, contact City Hall. (814)362-3884.