Incentives

Our assistance depends on each individual's need. Each "recipe" has different
ingredients such as: 

• help in locating land or building for lease or purchase
• employee recruitment and training
• cash for jobs (as incentive)
• grant incentives
• revolving loans at reduced interest rates
• tax incentives

The availability of funds from the Community Development Corporation provide a means of investing in basic job-retention/job-creation projects. The loans must and will be directed at the broadest array of projects, including but not limited to the following:

• Acquisition or construction of facilities for lease to companies
• Loans to companies for acquisition or construction of facilities
• Leasehold improvements to facilities for lease to companies
• Loans to companies for renovation of leased or purchased facilities
• Loans to companies for equipment
• Purchase of equipment for lease to companies
• Loans to companies for working capital

The investment programs that have been designed are Revolving Loans, Venture Capital, Site Development and Major Projects.