Timing is everything in incentive negotiation. Once a location has been selected and a commitment made, you’ve lost your bargaining power and may end up leaving money on the table. Our team of site selection experts negotiates incentive programs covering:
Quality Jobs programs |
Federal employee zone credits |
Customized job training programs |
Community development block grants |
Qualified facility credits |
Federal renewal zones |
Property tax abatements and
payment in lieu of taxes |
Local urban renewal zones |
Industrial revenue bond financing |
Native American tax credits |
New market tax credits |
Payroll tax credits |
State investment tax credits |
Discretionary credits and
Enterprise Zone Credits |
Having a strategy to secure the best incentive package is essential. For example, evaluating sites that are located in different states can be important, as states are often not able to offer incentives when there is no competition from another location.
Working with your site requirements – the logistics, labor and other site needs – we will identify specific incentive opportunities, handle site searches in multiple locations, and conduct an economic analysis of each location.
Our analysis includes an assessment of current grant and incentive opportunities. Armed with that information, we will help you determine your primary objectives and evaluate incentive opportunities that meet your goals. We then meet with local and state economic development representatives, prepare and submit offers, and review all contracts.
With Cresa at your side, guiding you throughout the process, you’ll have the information you need to make the site decisions that are right for your company.