Salisbury considers special tax district for big-ticket developments

By The Citizen on October 28, 2020

A multi-million-dollar residential project, The Ross, is among the Downtown redevelopment efforts that might benefit from the proposed HORIZONS tax district proposal.

Salisbury officials are eyeing tax incentives for properties in the Downtown area to help spur development of apartment and hotel projects in the city’s core. Known as HORIZON – or a Hotel Or Residential Incentive Zone – it can stimulate new development by offering property tax abatements that lower the amount of taxes owed for […]

Source: The Salisbury Independent