Newtown Township Economic Development Committee
This page documents the agenda of upcoming and summaries of past Newtown Economic Development (EDC) Committee meetings. Working in close cooperation with the Board of Supervisors, the mission of this Committee is to prepare and recommend economic development policies, goals and strategies for the retention and expansion of business opportunities in the Newtown area. Until further notice, the Committee meets every first and third Thursday via Zoom every Thursday at 3 PM.
See Events Calendar for Meeting Date, Agenda, and Details
**TO SUBMIT A PUBLIC COMMENT: CommitteeComments@newtownpa.gov Comments must include your name and address and will be read aloud**
Minutes of Recent Past Meetings
LERTA for Newtown Business Commons?
At the July 2, 2020, Zoom meeting of the Economic Development Committee (EDC), members Karen Miller, co-president of the Newtown Business Commons Association, and Joseph Blackburn, an Associate with Wisler Pearlstine, proposed ways that the township can revitalize the Newtown Business Commons, which is zoned for light industrial and office use. This is especially important after COVID-19 restrictions are lifted and businesses get up and running again but find that more workers can work at home and they no longer need as much office space.
One specific suggestion was to apply under the Local Economic Revitalization Tax Assistance Act (LERTA Definition) to lower real estate taxes for businesses in the Commons. Other local municipalities are using this tool to revitalize their business districts (read, for example, "Northampton Extends LERTA Tax Break Program for Businesses") Listen to this 11.5 minute audio snippet for the details: