Property Tax Exemptions to Promote Economic Development, Affordable Housing, Workforce Housing and Manufacturing Workforce Development
Exemptions (Property Tax)
TIF STA economic development exemptions tax increment financing agreements EDIP incentive affordable middle income workforce housing manufacturing property program urban centers zone special assessment
23A:3A; 23A:3B; 23A:3C; 23A:3D; 23A:3E; 23A:3F; 40:59; 40:60; 40:60A; 40:60B; 59:5; 59:5
These guidelines explain the implementation of property tax exemptions available under the Economic Development Incentive Program (EDIP) and parallel programs to promote affordable housing in urban centers, manufacturing workforce development and construction of middle income housing. They also explain the standards and procedures that apply to these property tax exemptions.
These guidelines are in effect and supersede Informational Guideline Release (IGR) No. 94-201, Property Tax Exemptions to Promote Economic Development, and any inconsistent prior written statements or documents.