Available Economic Incentives
There are many economic incentives available to assist with a wide range of project needs. Our economic developer John Thompson is experienced in matching projects with attractive incentive packages. Some of our potential incentives include:
- Enterprise Zone Property Tax Abatement
- Enterprise Zone Exemption on building materials
- Enterprise Zone Gas Use Tax Exemption for your heating/cooling
or process natural gas needs
- Enterprise Zone Employer Tax Credits
- Enterprise Zone Certified Business Utility Tax Exemption
- Enterprise Zone Investment Tax Credits
- Enterprise Zone Job Tax Credits
- Illinois Investment Tax Credits
- Illinois EDGE Corporate Income Tax Credits
- Community Development Assistance Program (CDAP)
- Business Development Public Infrastructure Program
- Revolving Loan Façade Renovation Fund
- Economic Development Assistance Program
- Truck Access Road Program
- Negotiated Industrial Property Tax Abatement
- Developer Referrals
- Contractor Referrals
- Waivers of Permit and Inspection Fees to qualifying projects
- Waivers of Hook-Up Fees for eligible projects
- Government Financing Programs for eligible projects
- Federal Economic Development District Status for eligibility
- Others
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