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15 Tennessee Communities To Receive Site Development Grants

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The grants are intended to help rural communities overcome barriers to site certification and prepare them to receive and economic development project. The Site Development Grant program works in cooperation with the department’s Select Tennessee Site Certification program.

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State Focus: Arkansas – Easy To Reach, Easy To Grow

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1,677 miles of Class 1 railroads. Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway. Union Pacific operates major yards in Little Rock and Pine Bluff, along with a locomotive repair facility in North Little Rock. 16,416 miles of state and U.S.

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State by State Incentives Guide

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Inventory is exempt from property tax. If applying for a transferable credit certificate, no more than half the credit may be applied in a single calendar year. Bond proceeds cannot be used for working capital or inventory. Railroad Spurs. Sewer Lines, Sewage Treatment Facilities. Natural Gas-Line Services.

Income 108
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STATE INCENTIVES GUIDE

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Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds may be used to acquire equipment, make leasehold improvements, purchase recycled raw materials and inventory or acquire real property.

Income 75