INCENTIVES
Our
assistance depends on each individual's need. Each
"recipe" has different ingredients such as:
-
help
in locating land or building
-
building
lease or purchase
-
employee
recruitment and training
-
cash
or jobs (as incentive)
-
grant
incentives
-
revolving
loans at reduced interest rates
-
tax
incentives
The
availability of funds from the Community Development
Corporation provide a means of investing in basic
job-retention/job-creation projects. The loans must and will
be directed at the broadest array of projects, including but
not limited to the following:
-
Acquisition
or construction of facilities for lease to companies
-
Loans
to companies for acquisition or construction of facilities
-
Leasehold
improvements to facilities for lease to companies
-
Loans
to companies for renovation of leased or purchased facilities
-
Loans
to companies for equipment
-
Purchase
of equipment for lease to companies
-
Loans
to companies for working capital
The
investment programs that have been designed are Revolving Loans,
Venture Capital, Site Development and Major Projects.
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