Program

Job Creation Tax Credits  (JCTC)

Minimum/Maximum Amounts

$1,000 per job tax credit to approved businesses that agree to create jobs within 3 years

Eligible Activities

Must create at least 25 new jobs or new jobs equaling at least 20% of the existing work force

Term & Amortization

Tax credits may not be utilized by a business until the jobs are actually created

Loan Processing Considerations

Department of Community and Economic Development (DCED) Single Application

Special Notes

Approved businesses that agree to create new jobs in Commonwealth within 3 years; 25% of the tax credits allocated each year must go to businesses with less than 100 employees

Where to Apply

Lehigh Valley Economic Development Corporation
2158 Avenue C, Suite 200
Bethlehem, PA 18017

Contact Person

Lehigh Valley Economic Development Corporation

610-266-6775 or 1-800-LV-1-SITE

Web link

www.lehighvalley.org

Application Download Available

YES