Colin J. Keefe, an attorney in Firm’s Corporate, Business & Banking Group, recently spoke about the City Revitalization and Improvement Zone (CRIZ) in a Continuing Legal Education seminar hosted by the Bar Association of Lehigh County. The May 14 program, “NIZ and CRIZ Update,” was co-presented by J.B. Reilly III, co-founder and president of City Center Investment Corporation, who spoke about Allentown’s Neighborhood Improvement Zone (NIZ).
The speakers examined NIZ financing and the approval process, reporting and the role of the local authority (ANIZDA) as well as the benefits of the NIZ & CRIZ to businesses moving into the zone. Finally, attendees learned how the NIZ & CRIZ are currently being utilized by developers in Allentown.
