We (EDI) are THE industry leader in guiding real estate owners, developers and investors through the process of qualifying for, receiving and monetizing tax credits associated with brownfields development in Massachusetts. With almost 100 completed projects representing over $125 million in tax credits originated and sold, we are expertly qualified to assist both for-profit and non-profit entities to receive the maximum benefits available.
We have serviced projects ranging in remediation costs from $100,000 to $30,000,000, including the largest Brownfields tax credit projects in the state of Massachusetts.
In 2014 we facilitated the closing of over $42 million in MA Brownfields Tax Credits. Our commitment to the environment and the economy is an integral and driving force behind each transaction. We look forward to earning your trust on your next MA Brownfields Tax Credit transaction.
“Urban construction projects, like ours at the Lynn Community Health Center, often run into unexpected, budget-breaking environmental clean-up expenses. Thankfully, Massachusetts Brownfields Tax Credits can provide funds that cover a portion of these expenses. We were so pleased to take advantage of EDI’s expertise in accessing this important, but complicated, funding. It made a very positive difference in our ability to finance a new building for the Lynn Community Health Center!” - Lori Berry, Executive Director, Lynn Community Health Center
Economic Development Incentives Inc. (EDI) has a deep and demonstrated understanding of the MA Brownfields Tax Credit program. As the leaders in MA brownfields tax credit financing, our clients benefit from years of experience and thorough knowledge of every aspect of this complex process.
EDI clients may realize the following benefits:
- Maximize the amount of credits obtained
- Streamline the application and approval process
- Secure competitive pricing for monetization of tax credits
- Utilize a user friendly documentation process
- Expedited closing
The principals of Economic Development Incentives Inc. are Hal Davis and Bob Dorfman. They bring a unique blend of legal, finance and economic development experience having structured and raised in excess of $1 billion of financing.