DDD: Federal Incentive Programs for Businesses | Learn about GO Zone Bonds and Bonuses as well as Variou

Federal Incentives

The Downtown Development District's Economic Development staff is well versed in Federal Incentive Programs.

New Markets Tax Credit
Investors in qualified projects can obtain a tax credit of five or six percent of the amount invested for each year the investment is held, for up to seven years of the credit period.

The New Markets Tax Credit program exists to create investment into urban and rural low-income areas to help finance community development projects, stimulate economic growth and create jobs. Private-sector investors receive credit against federal income taxes.

http://led.louisiana.gov/come-to-louisiana/business-incentives/federal-business-incentives/new-markets-tax-credit.aspx

Rehabilitation Tax Credit
The 20 percent credit available for qualified expenditures of certified historic structures is increased to 26 percent. The 10 percent credit available for qualified rehabilitation expenditures with respect to buildings placed in service prior to 1936 is increased to 13 percent. The increased amounts apply to expenditures paid or incurred prior to January 1, 2009 and thereafter the 20 and 10 percent credit apply.

http://www.nps.gov/hps/tps/tax/index.htm

Federal Incentives

Project Support Criteria

Developments in Progress

State Incentives

DDD Incentives

Developer's Guide to City Hall

Downtown Facts

Retail Support

Facade Improvement Grant

Facade Micro Grant

Sidewalk Enhancement Grant

"I not only have my business downtown, but I live downtown! I am enjoying being a part of the revitalization of the warehouse/arts district as a gallery owner."
-Jean Bragg, owner, Jean Bragg Gallery

BON TEMPS DOWNTOWN
Good times are part of the cultural fabric of New Orleans, and Downtown has long been a focal point for community celebrations. From street parties to after-work concerts in Lafayette Square to Mardi Gras festivities and sporting events at the Louisiana Superdome and New Orleans Arena, Downtown is where New Orleans comes for many of its premier leisure time activities.
Learn more about living Downtown!