Repaving roads is a necessary evil, but what if repairing infrastructure drives customers away from businesses? A Philadelphia councilwoman has a proposed solution.
Councilwoman Cindy Bass says she believes major street construction projects have been too much for certain businesses. She wants to offer affected shops a tax credit.
“Whenever there is a infrastructure improvement, which tends to often shut businesses down on a commercial corridor,” Bass said. “We want to make sure that they are alive that they come back that they are able to maintain during that time of improvement in a city as old as Philadelphia.”
Bass is proposing setting aside $1 million for such tax breaks that in some cases she says could save businesses. Individual businesses could get credit for up to $20,000
“If you look at what happened on the Market Frankford El or also what happened in my district along Germantown Avenue, when there were major improvements to be done, it took a number of years to be done and in the example of Market Street you had a beautiful corridor, but no businesses left.”
Her proposal will be subject of an upcoming hearing.