Financing & Incentives

Industrial Business Zone Relocation Tax Credit

Relocation tax credit of $1,000 per employee up to $100,000 for industrial and manufacturing businesses relocating to an IBZ

The Industrial Business Zone (IBZ) Relocation Tax Credit is a one-time tax credit of $1,000 per relocated employee, up to $100,000, available to industrial and manufacturing firms relocating to or within one of the City’s IBZs. Industrial and manufacturing businesses relocating to an IBZ generally apply within tax year of relocation.

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