Economic Redevelopment Zone tax credit application deadline is Feb. 10

posted on 2/5/2025

Businesses within an Economic Revitalization Zone (ERZ) that made capital investments and created new full-time jobs in 2024 may be eligible for a state tax credit.

The Dover City Council has established five ERZs. Maps of Dover’s designated ERZs are available online. They are among the 227 ERZs statewide.

To apply, submit a completed application form with business details, job creation data, capital investment invoices, and signature to the New Hampshire Department of Business and Economic Affairs (NH BEA) by Monday, Feb. 10, 2025. There are no exceptions or retroactive credits.

For additional information about the ERZ program, please visit the NH BEA website, or contact Bridgett Beckwith, tax incentive program manager, at 603-271-2342 or email Bridgett.E.Beckwith@livefree.nh.gov. 

The ERZ tax credit program, detailed in state law RSA 162-N, offers a short-term business tax credit for projects that improve infrastructure and create jobs in designated areas of a municipality. ERZs were established to stimulate economic redevelopment, expand the commercial and industrial base, create new jobs, reduce sprawl, and increase tax revenues within the state by encouraging economic revitalization in designated areas. 

If you need assistance applying or a copy of Dover's original authorization letter, contact James Burdin in the Office of Business Development at 603-516-6045 or J.Burdin@dover.nh.gov.