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Economic Revitalization Zones

Economic Revitalization Zones (ERZs) are created to stimulate economic redevelopment, expand the commercial and industrial base, create new jobs, reduce sprawl and increase tax revenue by encouraging economic revitalization. The ERZ tax credit program, is detailed in RSA 162-N, and offers a short term business tax credit for projects that improve infrastructure and create jobx in the designated areas of the municipality. 

The Program benefits include:

  • designates areas to promote investment, recruitment and job creation
  • helps the tax base by creating an incentive for a business to invest in and grown its business and to improve its commercil and/or industrial property
  • creates new jobs which helps to foster growth of the economic activity in the area
  • the incentive increases as the wage levels increase

The Town of Bristol currently has four (4) designated ERZ's: 

  • ERZ 1 - Approved September 2012, Renewed March 2018 - Summer Street / Danforth Brook Road / Ayers Island Road - Click HERE to view the map
  • ERZ 2 - Approved September 2012, Renewed March 2018 - Pleasant Street / Morrison Road / Robie Road - Click HERE to view the map
  • ERZ 3 - Approved April 2018 - Central Square / Lake Street / Summer Street / North Main Street / South Main Street / Pleasant Street - Click HERE to view the map
  • ERZ 4 - Approved April 2018 - Lake Street / Bristol Hill Road - Click HERE to view the map

The State of NH designates funds each year to be available for ERZ tax credits. For a business to qualify for an ERZ tax credit it must invest in plant or equipment and create at least one (1) new full time job in the state, and meet the following criteria: 

  • The business must be physically located in an approved ERZ
  • Investment in plant or equipment must be made directly by the business applying for the ERZ tax credit
  • Jobs must be full time, direct employees, and not be contracted or "temp" jobs
  • The investment and the job creation must take place within one (1) calendar year

The deadline to apply is February 10th of the year following the applicant's tax year. For more information on the ERZ program and forms, go to the NH Economy website.