There are numerous reasons for Lucas County to be considered for businesses looking to call Southern Iowa home. The Lucas County Economic Development Corporation is more than capable of providing assistance to area companies and prospective businesses/industries in securing the appropriate economic incentives at the local, regional, state and federal levels.
Local
- Assistance with negotiating favorable purchase or lease rates and terms on buildings and land - Creative financing terms including possible contract purchases - Property tax refund/abatement options
State
Community Economic Betterment Account (CEBA) - Financial assistance for companies creating jobs in Iowa High Quality Job Creation Program- Property tax exemptions, refunds of state sales taxes and investment tax credits for companies creating new non-retail jobs
Federal
USDA Rural Development - The United States Department of Agriculture offers financial programs intended to support the quality of life of rural communities in America including guaranteed loans for businesses located in communities with population less than 50,000
Educational
Iowa Industrial New Jobs Training (260E)- Available through Indian Hills Community College, this program reimburses companies for job training expenses
More information about these programs and resources can be found through Ready Resource, an organization directed at retaining jobs and growing the economy in Southern Iowa. Ready Resource provides assistance with site location, workforce recruitment, job training and more. Alliant Energy supplies electric and natural gas to the city of Chariton. To find out what opportunities Alliant Energy may have for you -Click here.
The incentives listed above represent just a sample of the many benefits available to you as a prospective developer in Lucas County. To learn more about anything you have read here, please contact ustoday!