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INCENTIVE DESCRIPTION
| State: | ID |
| Incentive Type: | Property Tax Incentives |
| Incentive Title: | Tax Increment Financing |
| Description: | Local communities and municipalities are authorized to establish urban renewal areas and revenue allocation areas for the purpose of tax increment financing. TIF may be used for utilities, infrastructure, buildings, equipment, site preparation, remodeling, and other uses. The incremental property taxes generated over the base tax amount are used to repay TIF bond proceeds. |
| Eligibility Requirements: | Must be in a designated urban renewal area. Project must be a qualifying project under Idaho code. Must meet all other qualifications. |
| Geographic Restrictions: | Statewide |
| Granting Authority: | State of Idaho |
| 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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