As various areas of the Commonwealth focus additional resources on blight reduction in urban and rural boroughs, townships, and cities, we will start to hear more about these tools, and wonder how (or if) they may apply to our own properties. This article describes just one of those blight reduction tools, which comes in the form of an underutilized tax exemption under a decades-old law. What is LERTA? In 1977, the Pennsylvania legislature passed the Local Economic Revitalization Tax Assistance (“LERTA”), which enables municipal authorities to create ordinances temporarily exempting the payment of certain real estate taxes. The purpose of this tax exemption structure is to encou ..