Economic Development Assistance

Businesses and industries looking to call Southern Iowa home will find that there are many reasons to consider Lucas County. Lucas County Development Corporation can assist area companies and prospective businesses and industries in securing economic incentives available 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
   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. Click here to visit the Ready Resource site.   The City of Chariton is served by Alliant Energy for both natural gas and electric use.  To see what economic development opportunities that Alliant Energy may assist Click here

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.
The incentives listed here represent 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 us today.