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Grand Forks Renaissance Zone Tax Incentives

State and local tax incentives for approved purchase, lease, improvement, or redevelopment projects in the Grand Forks Renaissance Zone.

About this program

Grand Forks businesses that expand into the designated Renaissance Zone may qualify for state and local incentives for five years to purchase, lease, or improve real estate property within the zone. The program is part of the city and state effort to encourage reinvestment in core areas.

Eligibility

Businesses, property owners, developers, and residents with qualifying projects in Grand Forks Renaissance Zone areas.

Requirements

  • Confirm project is located within the Grand Forks Renaissance Zone
  • Receive approval before beginning qualifying purchase, lease, rehabilitation, or construction activity
  • Submit application, project costs, ownership or lease details, and compliance documentation