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IN
Community Revitalization Enhancement District Tax Credit
Provides Indiana tax credits for qualified redevelopment or rehabilitation investments in revitalization districts.
About this program
The Community Revitalization Enhancement District Tax Credit supports investment in redevelopment or rehabilitation of property located within designated community revitalization enhancement districts. IEDC considers only projects expected to have a positive return on investment, and taxpayers cannot use this credit for the same project with certain other Indiana tax credits.
Eligibility
Eligible applicants are taxpayers making qualified investments in redevelopment or rehabilitation of property located within an Indiana community revitalization enhancement district.
Requirements
- Taxpayer must make a qualified investment in redevelopment or rehabilitation of property located within a revitalization district.
- IEDC must expect the project to have a positive return on investment.
- Applicant must comply with IEDC application and approval requirements.