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REAL ESTATE DEVELOPMENT ACCELERATOR PROGRAM×RED) REV. November 2020Real Estate Development Accelerator (RED) Tax Incentive for Projects Over $5,000,000 Projects in the City of Pompano Beach Community
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Real estate development accelerator is a program designed to expedite and streamline the approval process for real estate development projects, facilitating quicker access to development opportunities.
Developers and property owners seeking to participate in the accelerated development program or those who meet specific criteria defined by local regulations are required to file a real estate development accelerator.
To fill out the real estate development accelerator, you must complete the designated forms by providing information about the project, including scope, estimated costs, timelines, and any relevant documentation as required by the local authority.
The purpose of the real estate development accelerator is to reduce delays in the approval process, promote efficient development, and encourage investment in real estate projects.
Information that must be reported includes project details such as location, type of development, estimated investment, project timeline, and any anticipated public benefits.
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