Financial Incentives & Business Assistance

Renewal Community Tax Credits
Most of the ICC's territory falls within the Renewal Community Area which qualifies businesses for tax credits including:

• Employee Wage Credit
• Commercial Revitalization Deduction
• Capital Gain Exclusion
• Increased Section 179 Deduction

For more information, go to http://www.mkedcd.org/projects/RC/RCTI.html#empcredit

Wisconsin Community Development Zone Program
Most of the ICC's territory is part of the Community Development Zone which provides tax credits for businesses creating jobs or undertaking environmental remediation.

For more information, go to http://www.commerce.state.wi.us/CD/CD-bed-devz.html or http://www.mkedcd.org/business/busdz.html

DNR Financial Resources

Are you interested in redeveloping or remediating a brownfield?  The Wisconsin Department of Natural Resources maintains a page on resources available to those cleaning up or redeveloping a contaminated property.

Fore more information, go to http://dnr.wi.gov/org/aw/rr/financial/index.htm

City of Milwaukee Resources
The City of Milwaukee Department of City Development and the Milwaukee Economic Development Corporation have financing programs and other assistance available for businesses.  Please visit http://www.mkedcd.org/business/ for more information.

Employer Assisted Homeownership Programs

Select Milwaukee, a nonprofit organization dedicated to helping families achieve the dream of homeownership because it enriches their lives and strengthens the community, offers Employer Assisted Homeownership Programs to companies of all sizes.  Employer Assisted Homeownership Programs can be a valuable employee recruitment and retention tool.  For more information, please visit the Select Milwaukee website.