Community and Economic Development Digest
February 1, 2010 | Wisconsin Edition
As the new year begins, look for options to bring in business and successfully plan for the future of your community. Call me if I can help facilitate this process in any way.
David Carlson
800.472.5881
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Grant Application Deadlines
Attract New Business With Tax Incremental Financing
Tax Incremental Finance (TIF) is an economic development program that helps expand local tax base by using property tax revenues to fund site improvements to attract new development. It can also be used for rehabilitation/conservation, industrial, mixed-use, eliminating blight and environmental remediation.
Recently updated, the TIF Manual has a section of frequently asked questions and answers. Please visit http://www.revenue.wi.gov/pubs/slf/tif/cvmanual.html for updates to the FAQ section.
Smart Growth Planning Options
Visualizing what smart growth looks like can be hard. NRDC has a great website that shows what it actually means via a slide show.
Go to http://www.nrdc.org/smartGrowth/visions/ to see pictures of communities transform.
Wind Power Company May Locate in Milwaukee
Ingeteam, a Spanish energy company, was recently awarded $1.66 million in federal clean-tech manufacturing tax credits to make wind turbine generators and power converter and control systems. They may potentially locate their new factory in Milwaukee creating 100-200 jobs.
For more information about Ingeteam and other companies who have received federal tax credits, read further.
http://www.jsonline.com/business/81053047.html
New Effluent Guidelines
Effective February 1, 2010
Orchestrated to control discharge of pollutants from construction sites, the Environmental Protection Agency (EPA) published effluent limitation guidelines and new source performance standards.
These guidelines and standards are effective February 1, 2010. For more information on these regulations, go to http://www.epa.gov/waterscience/guide/construction.
SEH Community and Economic Development Services
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