PA HB1446

Local taxing authorities (counties, municipalities, school districts) may grant real estate tax exemptions for redevelopment of underutilized properties, defined as brownfields, greyfields, and shopping malls, into mixed-use developments combining residential, commercial, and other uses.

Tax exemptions provide 100% assessment exemption for the first 10 years, with potential extensions of 2-5 additional years for meeting criteria such as including attainable housing, renewable energy systems, green space, EV charging stations, public transit access, or project labor agreements.

The State Planning Board must establish an Economic Development and Mixed-Use Redevelopment Advisory Committee to provide guidance and best practices for redeveloping underutilized properties into attainable housing and mixed-use spaces, with guidelines posted within 6 months.

"Attainable housing" is defined as single-family or multi-unit residences occupied by individuals or families earning no more than 60% of area median income.

Developers receiving exemptions must repay taxes if serious code violations remain uncorrected within 5 years of redevelopment completion, and properties are ineligible if owners have delinquent taxes or existing serious violations on other properties.