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Pittsfield City Council Approves Hotel, Brewery TIF Agreements

The City Council accepted two amended tax incentive financing agreements with extended timelines in response to delays caused by the pandemic.

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Pittsfield City Council to Consider TIF Agreements

The City Council will act on two tax incentive financing agreements Tuesday as well as accept more emergency funding to strengthen the city's response to the pandemic.

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Pittsfield Finance Committee OKs Hotel Project Tax Incentive

The City Council Subcommittee on Finance approved a TIF agreement to aid in the construction of a new hotel but asked that delays caused by COVID-19 are considered.

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Pittsfield Finance Committee Recommends Brewery TIF

Both incentive programs will only be fully executed if 41 North Tap Room invests the $1,700,000 into the property as well as creating 30 full-time jobs within five years.

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Pittsfield Accepts TIF Agreement With John's Building Supply

After some months of volleying the item between committees, the council took action Tuesday and accepted the tax incremental financing agreement that will aid the Crane Avenue building supply company to construct a new building.

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Brewery Planned For Downtown Pittsfield

The council on Tuesday referred an allocation of funds from the Economic Development Fund and a tax increment financing agreement to benefit the development of a brewery and tap room at 41 North St.

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Pittsfield Council Sends Aerospace Company Incentives to Subcommittee

The City Council took two swift votes Tuesday to send the possible GE fund allocation to the Subcommittee on Community and Economic Development and the special tax agreement to the Subcommittee on Finance.

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B&B Micro Manufacturing Receive State Tax Credit

B&B was one of 12 companies in the state to receive the award and partner Jason Koperniak said he was excited to take advantage of an initiative that will help continue to stabilize the young business.

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B&B Micro Manufacturing Plans Move to Adams

The Board of Selectmen on Wednesday approved a seven-year tax-financing agreement that will help smooth the tiny house manufacturer's expansion.

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North Adams Council Approves Tax Incentive for Tog Manufacturing

According to the agreement, the company is committed to invest up to $2.75 million in improvements, $1.85 million in capital equipment and create 20 full-time jobs by the end of fiscal 2024.

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