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INCENTIVE DESCRIPTION
| State: | AR |
| Incentive Type: | Property Tax Incentives |
| Incentive Title: | Tax Increment Financing |
| Description: | TAX INCREMENT FINANCING: Local goverments are enabled to issue bonds or notes to finance improvements in a redevelopment district. Bonds will be paid back from the increased tax revenue generated as a result of the improvements. |
| Eligibility Requirements: | Must be in a redevelopment district, which is an area that is considered blighted, deteriorated or underdeveloped. |
| Geographic Restrictions: | Statewide |
| Granting Authority: | State of Arkansas |
| The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com |
Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives. |
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