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UPDATE: Seven New Locations Added To President Obama’s Promise Zones Initiative

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o Help Accessing Resources: Where necessary to achieve their goals, Promise Zones will get priority and be able to access federal investments that further the goals of job creation, additional private investment, increased economic activity, improved educational opportunity, and reduction in violent crime.

Zoning 45
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State by State Incentives Guide

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Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Employer Education Credit: A tax credit is statutorily available to employers who provide approved basic skills education programs to Alabama resident employees.

Income 108
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STATE INCENTIVES GUIDE

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BROWNFIELD DEVELOPMENT TAX ABATEMENTS: Gives cities and counties the ability to abate the following: Non-educational city and county sales & use taxes; Non-educational state, city and county property taxes—up to 20 years; Mortgage and recording taxes. The educational facility will also serve as fiscal agent for the project.

Income 75
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Industry Focus: Food Processing – The Process Of Consistency

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There also is Arkansas’s state-of-the-art railroad infrastructure comprising 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.