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The Enterprise Zone of Decatur, Illinois

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For more information, contact the Economic Development Corporation of Decatur and Macon County.

101 S. Main
Suite LL 5
Decatur IL 62523

Phone 217.422.9520

Fax 217.422.9307

Email:

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President

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Administrative Coordinator

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Director of Information and Technology
 
Home arrow Incentives
Incentives

So, what's the bottom line? We're glad you asked. But before we answer, we'll work to understand exactly what you're looking for. If it's financing, we'll put together a package that combines state, local and private lending programs. If it's tax credits and abatements, we can offer both through our Tax Increment Finance Districts and Enterprise Zone. If it's training and recruitment assistance, we're here to help. Whatever your goals, helping you meet them is always our priority.

We're ready. The Economic Development Corporation of Decatur and Macon County is ready to assist you with every aspect of the development process. Just ask and we'll provide all the information you need.

 

Enterprise Zone

Decatur offers various tax credits, exemptions, deductions and property tax abatement for new and existing businesses located in geographic areas (Enterprise Zones) designated by the State of Illinois with local government cooperation. The incentives include investment tax credit, sales tax deduction, machinery and equipment sales tax exemption, utility tax exemption, jobs tax credit, and property tax incentives.


Decatur Revolving Loan Fund

The Revolving Loan Fund is a low interest loan fund established by the Economic Development Corporation of Decatur-Macon County and the City of Decatur and managed by the Community Investment Corporation of Decatur.  This money is used to assist project financing needs within the city limits of Decatur. The low interest loans range from $10,000 to $200,000.


Tax Increment Finance Districts

Infrastructure improvements and financing is available for qualified projects through the City of Decatur primarily for commercial and retail development.

 

 
 

 

 
 

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