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September 18, 2005
Tax Savings - $12 million for commercial building projects - Deadline is Oct 7
The Enterprise Center continues to provide great opportunities to business people in the Chattanooga area. Here's one:
The Enterprise Center released a notice on September 13 that describes "Commercial Revitalization Deductions" (CRD) targeting commercial, manufacturing, and mixed-use (retail/housing) building projects in the Renewal Community (parts of Alton Park, Downtown, Southside, and MLKing Blvd. area).
Since 2002, when the Renewal Community was initiated, Chattanooga has awarded $36 million in CRD tax savings to 30 commercial and industrial projects.
To apply for the 2005 CRD tax savings, commercial buildings must be newly constructed or require extensive rehab.
Contact Maria Noel at 425.3776. Or click here to email. Or click here to read entire press release.
| By wjbailes | 09:13 AM
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