Railroad Depot Zone Program

The Town offers significant tax abatements to manufacturers, warehousing and distribution companies, and certain service businesses locating to, or expanding in, Hamden's Railroad Depot Zone if they make real property improvements that increase the property's assessed value.

The types (SIC codes #2000 - 3999 inclusive with some additional codes) of eligible businesses are predetermined by the State Department of Economic and Community Development.

• A maximum of a five-year, 80% abatement of local property taxes on qualifying real and personal property subject to the property being "new to the grand list".
• Up to a ten-year, 25% credit on that portion of the state's corporation business tax that is directly attributable to a business expansion or renovation project as determined by the CT Commissioner of Revenue Services."
  Applicants can apply for Railroad Depot Zone Benefits along with Property Improvement Grants and Waivers (limited) of Building Permit Fees.

Application and Certification Process:

The applicant must submit an application by mail through the Economic & Community Development Department at (203) 287-7030 before initiating the eligible project. The request will be reviewed and approved by the State of Connecticut.