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West Virginia Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Loan term is generally 15 years for real estate intensive projects and five to 10 years for equipment projects. Loan proceeds may be used for the acquisition of land, buildings and equipment. Working capital loans and the refinancing of existing debt are not eligible. The $32,000 figure is adjusted annually for cost of living.

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Tennessee Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Business Inventory: Finished goods inventory in excess $30 million may be excluded from the franchise tax base when held by manufacturers or warehouses and distribution facilities. Corporate Income or Excise Tax: Tennessee levies an excise tax of 6.5% Corporate Income or Excise Tax: Tennessee levies an excise tax of 6.5%

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South Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

All projects must meet one of HUD’s national objectives, with the primary objective to benefit people of low-moderate income (LMI). million for new ethanol infrastructure at retail fueling stations. Loans may be amortized up to 20 years on land and buildings and up to 10 years on equipment, with a balloon payment due after five years.

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New Hampshire Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

A minimum of 60% of the jobs created must be filled by low and moderate income persons. At least 75% of bond proceeds must be spent on core manufacturing space and equipment. The interest rate is about 70% of prime and can be used for the purchase of land, buildings and capital equipment. . No Inventory Tax. No Use Tax.

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New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Commercial District Revolving Loan Trust Funds: ESD has capitalized over $600,000, making funds available to five community-based corporations to administer and make loans to small retail and service businesses in their service areas. The two primary forms of assistance are: Working capital loans of up to $15,000 for up to five years.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g., Inventory is exempt from property tax.

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Location Focus: Illinois – Trying to Make Headway in Every Way

Business Facilities

Arlington Heights is a growing, thriving community just northwest of Chicago, home to 76,000 residents with an average household income of $95,000. When complete, the $250 million mixed-use development will boast over 650 luxury apartment units, a hotel, a water park and over 100,000 square feet of retail and restaurant space.