Erie County Executive Mark C. Poloncarz joins New York State Senator Sean Ryan, New York Assemblymember Jon Rivera and a group of concerned local and state officials calling for the extension of expiring Gen. 1 Brownfield Cleanup Program (BCP) tax credits at Renaissance Commerce Park in Lackawanna.
Poloncarz and other officials stress the urgency of including legislation to extend the Gen. 1 tax credit deadline in the final State Budget. Currently, Gen. 1 BCP tax credits on 78 acres at RCP expire in 2027—but given the minimum two-year development timeline for a project, the available window to utilize the BCP tax credits has now closed.
