Code of Massachusetts Regulations
429 CMR - EXECUTIVE OFFICE OF LABOR AND WORKFORCE DEVELOPMENT
Title 429 CMR 2.00 - Manufacturing Workforce Training Tax Increment Financing (mwt-tif)
Section 2.04 - Designation of MWT-TIF Zones
Universal Citation: 429 MA Code of Regs 429.2
Current through Register 1531, September 27, 2024
The MWT-TIF Plan shall describe in detail which areas of the city or town have been designated as MWT-TIF Zones. MWT-TIF Zones must meet the following requirements:
(1) Each MWT-TIF Zone must be wholly within an area which is an Economic Target Area as described in regulations adopted by the EACC in accordance with M.G.L. c. 23A, § 3D.
(2) In the case of a MWT-TIF Plan adopted by more than one city or town, the areas designated as MWT-TIF Zones shall be contiguous areas of such cities or towns.
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