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.”
Applicants can apply for Railroad Depot Zone benefits along with Property Improvement Grants and Waivers (limited) of Building Permit Fees.
Application & Certification Process
The applicant must submit an application by mail through the Department of Economic and Neighborhood Development at (203) 287-7030 before initiating the eligible project. The request will be reviewed and approved by the State of Connecticut.