Tax Incentives
The City of Bridgeport administers or collaborates with the State of Connecticut on three Tax Incentive Programs, which can reduce real estate and/or personal property taxes over a period of time for those meeting eligibility criteria:
- Connecticut Enterprise Zone program
- Urban Jobs Program
- Arts & Entertainment District
- Enterprise Corridor Zone
- Qualified Manufacturing Plants
- Bridgeport Urban Enterprise Zone program
- Bridgeport Tax Incentive Development program
The Connecticut Enterprise Zone Program is a State program that is jointly administered by the City of Bridgeport. In general, eligible businesses are located within the Enterprise Zone boundaries and create new jobs. There are a variety of tax incentives available based upon the type of business and number of new jobs. Refer to the links below for addresses within the zone and an application.
The Bridgeport Urban Enterprise Zone Program is a City program based upon State Statute. Eligible property owners (commercial or residential) are located within the Enterprise Zone boundaries and make physical improvements to real property. The tax incentive is a seven-year deferral on the assessed value of eligible improvements. Refer to the links below for addresses within the zone and an application.
The Tax Incentive Development Program is a City program based on several State Statutes. Real property improvements of over one million dollars ($1,000,000) within the Bridgeport Urban Enterprise Zone, or three million dollars ($3,000,000) if located elsewhere in Bridgeport, are eligible for consideration under the program. Tax abatements, assessment deferrals, or payments in lieu of taxes are negotiated with the Office of Planning & Economic Development and are subject to approval by the City Council.
Enterprise Zone Eligible Addresses
EZ Eligible Addresses -- 54 Admiral St to 508 John St.pdf
EZ Eligible Addresses -- 514 John St to 1109 Wordin Ave.pdf
Connecticut Enterprise Zone Program application
Bridgeport Urban Enterprise Zone Program application
For more information about these programs, please contact Max Perez, Senior Economic Development Associate at 203-576-3976.
Max.Perez@bridgeportct.gov