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May 22, 2024 · The Allentown Neighborhood Improvement Zone Development Authority (ANIZDA) oversees and manages the development and revitalization of center city Allentown.
- About the NIZ
The Neighborhood Improvement Zone (NIZ) is a special...
- About ANIZDA
The Allentown Neighborhood Improvement Zone Development...
- About the NIZ
The Neighborhood Improvement Zone (NIZ) is a special taxing district intended to encourage economic development in Allentown, Pennsylvania. [1] This zone has been credited with attracting investment to Allentown but has also been criticized for failing to equitably benefit citizens.
The Neighborhood Improvement Zone (NIZ) is a special district created by state law in 2011 that is driving development in Allentown, the third largest city in Pennsylvania and one of the fastest growing in the country.
- What The Niz Does
- What Is The Niz?
- Why Is Allentown Getting This Tax Incentive Program?
The NIZ allows developers in certain parts of Allentown to use state and local tax dollars to construct and rehabilitate buildings. These tax dollars are paid by businesses that move into the developers’ new buildings. Instead of keeping that tax money, the government is giving it to the developers so they can pay off their debt. That’s a sweet dea...
The Neighborhood Improvement Zone is an area of Allentown where developers can use state and local tax dollars to pay off the debt they incur to build, rehabilitate or expand buildings. The zone is tiny — about one fifth of a square mile. The zone is broken up into a few pieces. One is a five-block area in Allentown’s downtown that includes the cit...
Like other Pennsylvania cities, Allentown has been struggling for a long time. It used to be a retail hub, with big department stores like Hess’, Leh’s, and Zollinger’s. But in the 1990s those stores shut down as suburban malls drew business out of the city. Poverty increased downtown. Today, half of downtown residents live below the poverty line a...
The Allentown Neighborhood Improvement Zone Development Authority (ANIZDA) oversees and manages the NIZ – a special district created by state law that is being utilized to encourage development and revitalization in center city Allentown and along the western side of the Lehigh River.
Abstract Community and economic development decisions affect every aspect of city life. Allentown, Pennsylvania is currently in the midst of redevelopment financed by one of the largest state subsidies in the commonwealth's history, the Neighborhood Improvement Zo.
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What is the Allentown neighborhood improvement Zone (NIZ)?
What is the Neighborhood Improvement Zone (NIZ)?
What is the zoning code for the city of Allentown?
The NIZ (Neighborhood Improvement Zone) in Allentown is a taxing district created in 2009 to transform 128 acres downtown, the Waterfront, and most notably, the 8,500-seat PPL Center on Hamilton Street.
