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State by State Incentives Guide

Buisness Facilities Contributed Content

Private Activity Bond: Issued to finance construction and equipment purchases associated with industrial and manufacturing facilities, residential rental projects, facilities for the furnishing of water, sewage and solid waste facilities and more. Property taxes are forgiven for a period of time to allow the project to cash flow.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Property taxes are forgiven for a period of time to allow the project to cash flow. Open to qualified residential, commercial and industrial property owners in Minnesota, the program is funded through revenue bonds issued by participating local governments. For more information visit www.OCIB.org.

Income 75