From the City of Aberdeen:
In a statement, Phyllis Grover, Aberdeen’s Director of Planning and Community Development, noted that “this is just another indication that the City of Aberdeen is “open for business.” “We continue to see positive economic activity in Aberdeen, and invite businesses who are already here but wish to expand and those who are contemplating joining our growing business community, to consider the economic value of being located in the Greater Aberdeen-Havre de Grace Enterprise Zone. Aberdeen…..Home of Opportunity.”
“The City of Aberdeen continues on a path of economic vitality and growth. The ten (10) year extension of the Enterprise Zone tax credit, in addition to the business-friendly administration at the City of Aberdeen continue to add to the reasons businesses choose to locate in Aberdeen,” said Mayor McGrady.
Maryland’s Secretary of Commerce, R. Michael Gill has just announced the City of Aberdeen, in conjunction with the Maryland Department of Commerce, Harford County Government, Aberdeen Proving Ground, and the City of Havre de Grace has been re-designated as an Enterprise Zone. Since 1996, the Greater Aberdeen-Havre de Grace Enterprise Zone has been officially designated a Maryland Enterprise Zone to provide economic development incentives to new and existing businesses. The incentives include local Real Property Tax Credits for capital investments which include new construction or rehabilitation and State Income Tax Credits for jobs created.
The Greater Aberdeen-Havre de Grace Enterprise Zone area encompasses nearly 9,000 acres. Designated sites inside the City of Aberdeen include areas along the U.S. 40 corridor, Hickory Drive, West Bel Air Avenue, MD 22, and Beards Hill Road. A map of the designated Enterprise Zone is available on the Aberdeen website at www.aberdeenmd.gov.